Skeena Resources (TSE:SKE) Stock Price Up 5.3% - Here's What Happened

Skeena Resources Limited (TSE:SKE - Get Free Report)'s share price traded up 5.3% on Tuesday . The stock traded as high as C$35.32 and last traded at C$35.27. 286,344 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 295,771 shares. The stock had previously closed at C$33.50.Get Skeena Resources alerts:Wall Street Analyst Weigh InA number of research analysts have issued reports on SKE shares. Royal Bank Of Canada lifted their price objective on Skeena Resources from C$34.00 to C$53.00 in a research note on Wednesday, December 10th. TD Securities raised their price target on Skeena Resources from C$28.00 to C$35.00 and gave the company a "buy" rating in a report on Friday, October 10th. Desjardins raised Skeena Resources to a "moderate buy" rating in a research report on Wednesday, October 8th. Finally, CIBC upped their price target on shares of Skeena Resources from C$36.00 to C$40.00 in a research note on Tuesday, December 16th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$33.60.Read Our Latest Stock Report on Skeena ResourcesSkeena Resources Trading Up 5.3%The firm has a market capitalization of C$4.27 billion, a PE ratio of -35.99 and a beta of 2.11. The firm has a 50 day simple moving average of C$28.94 and a 200 day simple moving average of C$25.08. The company has a current ratio of 1.87, a quick ratio of 1.55 and a debt-to-equity ratio of 19.27. About Skeena Resources (Get Free Report)Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick. Read MoreFive stocks we like better than Skeena ResourcesElon Taking SpaceX Public! $100 Pre-IPO Opportunity!Do not delete, read immediatelyA U.S. “birthright” claim worth trillions - activated quietlyThis stock gets a 94 out of 100BNZI: BNZI Surges Ahead as AI Marketing Fuels Record RevenueThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Skeena Resources Right Now?Before you consider Skeena Resources, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skeena Resources wasn't on the list.While Skeena Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here