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 business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of C$40.35, for a total value of C$34,499.25. Following the completion of the sale, the insider owned 655 shares of the company’s stock, valued at C$26,429.25. This trade represents a 56.62% decrease in their ownership of the stock.

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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of C$46.77, for a total value of C$233,850.00.

Skeena Resources Price Performance

TSE SKE traded up C$0.27 during midday trading on Tuesday, hitting C$40.92. The company had a trading volume of 138,457 shares, compared to its average volume of 427,353. The company has a market capitalization of C$5.08 billion, a PE ratio of -19.58 and a beta of 2.62. 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 firm has a 50-day moving average price of C$42.03 and a 200-day moving average price of C$38.60. Skeena Resources Limited has a twelve month low of C$16.46 and a twelve month high of C$53.00.

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

Wall Street Analysts Forecast Growth

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

About Skeena Resources

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.