Insider Selling: Skeena Resources Limited (TSE:SKE) Director Sells 23,000 Shares of Stock

Skeena Resources Limited (TSE:SKE) Director Craig Andrew Parry sold 23,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of C$14.00, for a total transaction of C$321,917.20.

Craig Andrew Parry also recently made the following trade(s):

• On Thursday, November 14th, Craig Andrew Parry sold 70,000 shares of Skeena Resources stock. The shares were sold at an average price of C$10.58, for a total value of C$740,509.00.

Skeena Resources Stock Up 4.1 %

TSE:SKE traded up C$0.55 during midday trading on Wednesday, hitting C$14.12. 343,799 shares of the company were exchanged, compared to its average volume of 266,804. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23. Skeena Resources Limited has a fifty-two week low of C$4.48 and a fifty-two week high of C$14.70. The company has a market capitalization of C$1.51 billion, a PE ratio of -9.23 and a beta of 1.65. The company has a fifty day simple moving average of C$12.95 and a 200 day simple moving average of C$11.53.

Wall Street Analyst Weigh In

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

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.