Shares of Skeena Resources (SKE – Research Report) were revisited by a Wall Street analyst on May 25. Analyst Michael Siperco from RBC Capital reiterated a Buy rating, with a C$15.00 price target on May 25.
According to TipRanks.com, Siperco is a 1-star analyst with an average return of -4.7% and a 38.3% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Novagold Resources New, Hecla Mining Company, and Pan American Silver.
Currently, the analyst consensus on Skeena Resources is a Strong Buy with an average price target of C$15.83.
The company has a one-year high of C$10.38 and a one-year low of C$5.64. Currently, Skeena Resources has an average volume of 190.6K.
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 activities are the exploration and development of the past-producing Snip mine and the recently optioned Eskay Creek mine, both acquired from Barrick.
The company’s shares closed last Monday at C$7.08.
Read More on TSE:SKE:
- Skeena Resources Announces C$64 Million Bought Deal Financing
- Skeena Resources rises 7.5%
- Skeena Resources price target raised to C$16.50 from C$16 at Scotiabank
- Skeena Resources price target raised to C$16 from C$15 at BMO Capital
- Hochschild Mining terminates option to earn into 60% of Snip Gold Project
