Skeena Resources (SKE – Research Report), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Ovais Habib from Scotiabank reiterated a Buy rating, with a C$15.00 price target.
According to TipRanks.com, Habib is a 2-star analyst with an average return of 0.5% and a 39.9% success rate. Habib covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Osisko Mining, and Marathon Gold.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Skeena Resources with a C$15.40 average price target.
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 192.8K.
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$6.59.
Read More on TSE:SKE:
