Skeena Resources (TSE:SKE) Stock Jumps 3.4% – What’s Next?

Posted by Logan Wallace on Oct 7th, 2026

Skeena Resources Limited (TSE:SKE – Get Free Report) shares were up 3.4% during mid-day trading on Tuesday. The company traded as high as C$44.99 and last traded at C$44.62. 257,924 shares traded hands during trading, a decline of 33% from the average daily volume of 383,793 shares. The stock had previously closed at C$43.17.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada set a C$64.00 target price on shares of Skeena Resources and gave the company a “moderate buy” rating in a research note on Tuesday, September 15th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$52.83.

Check Out Our Latest Report on SKE

Skeena Resources Trading Up 3.4%

The stock has a market cap of C$5.60 billion, a PE ratio of -21.56 and a beta of 2.59. The company has a debt-to-equity ratio of 657.17, a quick ratio of 1.55 and a current ratio of 3.15. The stock has a fifty day moving average price of C$44.18 and a 200 day moving average price of C$41.75.

Skeena Resources (TSE:SKE – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C($0.28) earnings per share for the quarter. Equities analysts expect that Skeena Resources Limited will post -0.4862973 EPS for the current year.

Insider Buying and Selling

In other news, insider Andrew Macritchie sold 50,000 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of C$39.86, for a total transaction of C$1,993,000.00. Following the transaction, the insider owned 726,503 shares in the company, valued at approximately C$28,958,409.58. This trade represents a 6.44% decrease in their ownership of the stock. 1.51% of the stock is owned by insiders.

Skeena Resources Company Profile

(Get Free Report)

Skeena is a leading precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia’s Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world’s highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines.