00:19:25 EDT Fri 18 Oct 2024
Enter Symbol
or Name
USA
CA



Skeena Resources Ltd (4)
Symbol SKE
Shares Issued 90,793,669
Close 2024-06-26 C$ 5.87
Market Cap C$ 532,958,837
Recent Sedar Documents

Globe says Skeena Desjardins's top gold developer pick

2024-06-27 08:48 ET - In the News

The Globe and Mail reports in its Thursday, June 27, edition that following Tuesday's announcement of a $750-million (U.S.) financing package for Skeena Resources' 100-per-cent-owned Eskay Creek mine in British Columbia's Golden Triangle region, Desjardins Securities analyst John Sclodnick tweaked his share target with a 25-cent boost to $20. Analysts on average target the shares at $15.43. Mr. Sclodnick says in a note: "With Skeena now fully funded to commercial production (a major derisking event), we expect the stock to gradually rerate to trade at a premium to peers, given the above-average production and below-average costs and superior jurisdiction vs the peer group average. We are maintaining our 'buy' rating, and Skeena remains our top gold developer pick." The Globe reported on Nov. 25, 2021, and Dec. 8, 2023, that Mr. Sclodnick rated Skeena "buy." It was then worth $12.79 and $5.39. In the second item, Mr. Sclodnick said Skeena was one of his top picks.

© 2024 Canjex Publishing Ltd. All rights reserved.