Skyharbour Resources (CVE:SYH) Shares Up 4.7% – Should You Buy?

Skyharbour Resources Ltd. (CVE:SYH)’s share price shot up 4.7% during mid-day trading on Monday . The stock traded as high as C$0.34 and last traded at C$0.34. 554,976 shares changed hands during trading, an increase of 16% from the average session volume of 478,673 shares. The stock had previously closed at C$0.32.

Skyharbour Resources Trading Up 4.7%

The business has a 50 day moving average of C$0.41 and a 200-day moving average of C$0.35. The stock has a market cap of C$68.49 million, a PE ratio of -19.84 and a beta of 1.31.

Skyharbour Resources Company Profile

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada.