Company’s 36-month beta value is 1.61.
The public float for SKE is 77.39M, and currently, short sellers hold a 2.76% ratio of that floaft. The average trading volume of SKE on May 10, 2024 was 200.72K shares.
SKE) stock’s latest price update
The stock of Skeena Resources Ltd (NYSE: SKE) has increased by 9.24 when compared to last closing price of 4.76.Despite this, the company has seen a gain of 9.70% in its stock price over the last five trading days. Kitco reported 2023-11-15 that (Kitco News) – The company said the DFS results highlight an after-tax NPV5% of C$2.0B, 43% IRR, and a 1.2-year payback at US$1,800/oz Au and US$23/oz Ag.
SKE’s Market Performance
Skeena Resources Ltd (SKE) has seen a 9.70% rise in stock performance for the week, with a 10.40% gain in the past month and a 19.54% surge in the past quarter. The volatility ratio for the week is 4.60%, and the volatility levels for the past 30 days are at 5.22% for SKE. The simple moving average for the past 20 days is 9.79% for SKE’s stock, with a 17.49% simple moving average for the past 200 days.
SKE Trading at 14.61% from the 50-Day Moving Average
After a stumble in the market that brought SKE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.57% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares surge +9.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.15% upper at present.
During the last 5 trading sessions, SKE rose by +9.70%, which changed the moving average for the period of 200-days by +4.63% in comparison to the 20-day moving average, which settled at $4.76. In addition, Skeena Resources Ltd saw 6.56% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SKE
The total capital return value is set at -0.68. Equity return is now at value -82.52, with -59.41 for asset returns.
Based on Skeena Resources Ltd (SKE), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -3.8. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -203.77.
Currently, EBITDA for the company is -113.3 million with net debt to EBITDA at 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.86.
Conclusion
In a nutshell, Skeena Resources Ltd (SKE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
