Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$13,077.87 in Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Kyle Christopher Foster sold 837 shares of the company’s stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of C$15.62, for a total value of C$13,077.87. Following the transaction, the insider now owns 673 shares in the company, valued at C$10,515.42. This trade represents a 55.43% decrease in their position.

Skeena Resources Stock Up 5.2%

Shares of TSE SKE traded up C$0.83 on Tuesday, reaching C$16.70. 141,475 shares of the company’s stock traded hands, compared to its average volume of 274,124. The business’s 50 day simple moving average is C$15.48 and its two-hundred day simple moving average is C$14.24. Skeena Resources Limited has a 12 month low of C$5.61 and a 12 month high of C$18.14. The company has a market cap of C$1.83 billion, a price-to-earnings ratio of -10.09 and a beta of 1.65. The company has a quick ratio of 1.55, a current ratio of 1.87 and a debt-to-equity ratio of 19.27.

Analyst Upgrades and Downgrades

Separately, Raymond James lifted their price target on Skeena Resources from C$18.50 to C$21.00 in a research report on Friday, April 4th.

About Skeena Resources

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.