14:53:47 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Skeena Resources Ltd (4)
Symbol SKE
Shares Issued 88,912,589
Close 2023-11-17 C$ 5.43
Market Cap C$ 482,795,358
Recent Sedar Documents

Globe says Mikitchook maintains Skeena at "outperform"

2023-11-17 08:14 ET - In the News

The Globe and Mail reports in its Friday, Nov. 17, edition that BMO Capital Markets analyst Andrew Mikitchook has reaffirmed his "outperform" recommendation for Skeena Resources. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mikitchook has a Street-high share target of $18. Analysts on average target the shares at $14.14. Mr. Mikitchook says in a note: "[Tuesday], Skeena released its definitive feasibility study for Eskay Creek with mine life extending by three years and initial capex increasing 20 per cent due to inflation and derisking. Additional metallurgical testing defined a simplified flow sheet and increased concentrate grade. Snip was not included in this study however a maiden engineering study is expected in H1/2024. A project financing package is also expected in H1 2024. We have increased our target price." The Globe reported on Sept. 10 that CIBC World Markets rated Skeena "outperformer." It was then worth $6.75. The Globe reported on June 20, 2023, that Canaccord Genuity analyst Jeremy Hoy had assumed coverage on Skeena Resources with a "speculative buy" recommendation. The shares could then be had for $6.50.

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