Insider Selling: Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$940,074.64 in Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 59,992 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of C$15.67, for a total value of C$940,074.64.

Andrew Macritchie also recently made the following trade(s):

• On Tuesday, January 14th, Andrew Macritchie sold 33,540 shares of Skeena Resources stock. The shares were sold at an average price of C$14.20, for a total value of C$476,268.00.

Skeena Resources Trading Down 1.2 %

TSE:SKE opened at C$15.71 on Thursday. The company has a debt-to-equity ratio of 10.23, a quick ratio of 1.55 and a current ratio of 2.88. The company has a market capitalization of C$1.68 billion, a P/E ratio of -10.27 and a beta of 1.65. The stock’s 50 day moving average price is C$13.79 and its 200 day moving average price is C$12.23. Skeena Resources Limited has a 52 week low of C$4.48 and a 52 week high of C$16.79.

Wall Street Analyst Weigh In

A number of brokerages have commented on SKE. CIBC decreased their price objective on Skeena Resources from C$17.00 to C$16.00 in a research report on Monday, December 2nd. Royal Bank of Canada boosted their price objective on shares of Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. Desjardins upgraded shares of Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, Scotiabank lifted their target price on shares of Skeena Resources from C$13.50 to C$14.00 in a research note on Wednesday, January 15th.

Skeena Resources Company Profile

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.