The Globe and Mail reports in its Friday, June 28, edition that BMO Capital 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 raised his Street-high share target to $20 from $18 (all figures Canadian unless otherwise stated). Analysts on average target the shares at $15.89. Mr. Mikitchook says in a note: "On Tuesday, Skeena announced a financing package with Orion to cover redevelopment of the Eskay project. Total proceeds are $750-million (U.S.) and consist of an equity investment ($100-million (U.S.)), gold stream ($200-million (U.S.)), senior secured loan ($350-million (U.S.)), and a cost over-run facility ($100-million (U.S.)). We have updated our model to reflect the financing agreement, and we are raising our target price to reflect reduced risk from securing financing. Next steps for the company are securing a technical sample permit in 2024 and a full permitting by year-end 2025." The Globe reported on Nov. 17 that Mr. Mikitchook rated Skeena "outperform," when it was worth $5.43. The Globe reported on Dec. 8 that Desjardins Securities named Skeena a top pick. It was then worth $3.39.