Skeena Resources Stock Today

SKE Stock  USD 9.26  0.04  0.43%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 19

 
High
 
Low
Low
Skeena Resources is trading at 9.26 as of the 28th of November 2024, a 0.43 percent increase since the beginning of the trading day. The stock's lowest day price was 9.22. Skeena Resources has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Skeena Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
22nd of September 2017
Category
Basic Materials
Skeena Resources Limited explores and develops mineral properties in Canada. Skeena Resources Limited was incorporated in 1979 and is headquartered in Vancouver, Canada. Skeena Resources operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange.. The company has 107.36 M outstanding shares of which 3.82 M shares are at this time shorted by investors with about 14.09 days to cover. More on Skeena Resources

Moving together with Skeena Stock

  0.64VZLA Vizsla Resources CorpPairCorr

Moving against Skeena Stock

  0.66BYU BAIYU HoldingsPairCorr

Skeena Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOWalter Coles
Thematic IdeaPrecious Metals (View all Themes)
Old NameSkeena Resources Limited
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, Stock Exchange Of, SET Total Return, Precious Metals, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities26.5 M25.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total47.5 M45.2 M
Sufficiently Up
Slightly volatile
Total Assets204.7 M195 M
Sufficiently Up
Slightly volatile
Total Current Assets102.4 M97.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Skeena Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Skeena Resources' financial leverage. It provides some insight into what part of Skeena Resources' total assets is financed by creditors.
Liquidity
Skeena Resources has 32.38 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Skeena Resources has a current ratio of 2.19, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Skeena to invest in growth at high rates of return.

Free Cash Flow

(119,386)
Skeena Resources (SKE) is traded on New York Stock Exchange in USA. It is located in 1133 Melville Street, Vancouver, BC, Canada, V6E 4E5 and employs 83 people. Skeena Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 989.9 M. Skeena Resources runs under Metals & Mining sector within Materials industry. The entity has 107.36 M outstanding shares of which 3.82 M shares are at this time shorted by investors with about 14.09 days to cover. Skeena Resources has about 37.1 M in cash with (90.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Skeena Resources Probability Of Bankruptcy
Ownership Allocation
Skeena Resources shows a total of 107.36 Million outstanding shares. The majority of Skeena Resources outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Skeena Resources to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Skeena Resources. Please pay attention to any change in the institutional holdings of Skeena Resources as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Skeena Ownership Details

Skeena Stock Institutional Holders

InstituionRecorded OnShares
Td Asset Management Inc2024-09-30
916.1 K
Sprott Inc.2024-06-30
750.1 K
Allspring Global Investments Holdings, Llc2024-06-30
500 K
Deutsche Bank Ag2024-06-30
451.1 K
D. E. Shaw & Co Lp2024-09-30
393.2 K
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
356.4 K
Federation Des Caisses Desjardins Du Quebec2024-06-30
320.3 K
Bank Of Montreal2024-06-30
313.2 K
Bmo Capital Markets Corp.2024-06-30
313.2 K
Orion Resource Partners Lp2024-09-30
15.4 M
Van Eck Associates Corporation2024-06-30
4.3 M
View Skeena Resources Diagnostics

Skeena Resources Historical Income Statement

At present, Skeena Resources' Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 120.5 M, whereas EBIT is projected to grow to (109.6 M). View More Fundamentals

Skeena Stock Against Markets

Skeena Resources Corporate Management

Justin HimmelrightVice President - SustainabilityProfile
Justin BScSenior SustainabilityProfile
Robert KiesmanCorporate SecretaryProfile
Galina MelegerVice RelationsProfile
When determining whether Skeena Resources is a strong investment it is important to analyze Skeena Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skeena Resources' future performance. For an informed investment choice regarding Skeena Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skeena Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skeena Resources. If investors know Skeena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skeena Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.35)
Return On Assets
(0.38)
Return On Equity
(0.78)
The market value of Skeena Resources is measured differently than its book value, which is the value of Skeena that is recorded on the company's balance sheet. Investors also form their own opinion of Skeena Resources' value that differs from its market value or its book value, called intrinsic value, which is Skeena Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skeena Resources' market value can be influenced by many factors that don't directly affect Skeena Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skeena Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skeena Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skeena Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.