Kyle Christopher Foster Sells 855 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 855 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of C$40.35, for a total value of C$34,499.25. Following the completion of the transaction, the insider directly owned 655 shares of the company’s stock, valued at approximately C$26,429.25. The trade was a 56.62% decrease in their position.

Kyle Christopher Foster also recently made the following trade(s):

• On Wednesday, May 6th, Kyle Christopher Foster sold 15,000 shares of Skeena Resources stock. The stock was sold at an average price of C$42.81, for a total value of C$642,150.00.
• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The stock was sold at an average price of C$40.08, for a total value of C$602,362.32.
• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The stock was sold at an average price of C$40.00, for a total value of C$531,480.00.
• On Friday, April 17th, Kyle Christopher Foster sold 23,333 shares of Skeena Resources stock. The stock was sold at an average price of C$47.12, for a total value of C$1,099,450.96.
• On Friday, April 17th, Kyle Christopher Foster sold 5,000 shares of Skeena Resources stock. The stock was sold at an average price of C$46.77, for a total value of C$233,850.00.

Skeena Resources Price Performance

SKE traded up C$0.27 on Tuesday, reaching C$40.92. The stock had a trading volume of 138,457 shares, compared to its average volume of 427,353. Skeena Resources Limited has a fifty-two week low of C$16.46 and a fifty-two week high of C$53.00. The firm has a 50-day moving average of C$42.03 and a 200-day moving average of C$38.60. The company has a current ratio of 0.49, a quick ratio of 1.55 and a debt-to-equity ratio of 36.02. The company has a market capitalization of C$5.08 billion, a price-to-earnings ratio of -19.58 and a beta of 2.62.

Skeena Resources (TSE:SKE) last issued its earnings results on Friday, May 15th. The company reported C($0.86) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that Skeena Resources Limited will post -0.4862973 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Canadian Imperial Bank of Commerce upped their price target on Skeena Resources from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. BMO Capital Markets upped their price target on Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Canaccord Genuity Group upped their price target on Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. Finally, Scotiabank upped their price target on Skeena Resources from C$25.00 to C$44.00 in a research report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$47.43.

Skeena Resources Company Profile

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company’s primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.