A Few Bright Spots In Skeena Resources Ltd (NYSE: SKE)

Skeena Resources Ltd (NYSE:SKE) currently has a daily average trading volume of 409.75K but it saw 494893 shares traded in last market. With a market cap of 1.41B USD, the company’s current market price of $12.31 came falling about -1.36 while comparing to the previous closing price of $12.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.65 and as low as $4.10. In the recent trading on the day, stock has struck highest price mark of $11.815 while lowest mark touched by it was $12.45.

Taking a look at 20-day trading activity of Skeena Resources Ltd (SKE) gives us an average price of $10.33, while its current price level is -2.69% below from 52-week high level whereas it is 200.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.33 while that of 200 days or SMA-200 reads an average of $8.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.57% during that period while stretching the period over a month that increases to 6.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 68.42 which implies that the stock is in neutral territory.

Over the week, SKE’s stock price is moving 21.28% up while it is 11.00% when we observe its performance for the past one month. Year-to-date it is 41.17% up and over the past year, the stock is showing an upside performance of 161.91%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Skeena Resources Ltd’s total number of outstanding shares is 107.62M. Company’s return on investment (ROI) stands at -163.83% and return on equity (ROE) at -141.58%. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 21.03. Its return on asset (ROA) is -65.82% on average.