Skeena Resources Stock Buy Hold or Sell Recommendation
| SKE Stock | CAD 12.97 0.02 0.15% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Skeena Resources is 'Strong Sell'. The recommendation algorithm takes into account all of Skeena Resources' available fundamental, technical, and predictive indicators you will find on this site.
Check out Skeena Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide. In addition, we conduct extensive research on individual companies such as Skeena and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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 board of governors.
Skeena |
Execute Skeena Resources Buy or Sell Advice
The Skeena recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Skeena Resources. Macroaxis does not own or have any residual interests in Skeena Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Skeena Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Skeena Resources Trading Alerts and Improvement Suggestions
| Skeena Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (108.98 M) with loss before overhead, payroll, taxes, and interest of (27.68 K). | |
| Skeena Resources has accumulated about 40.6 M in cash with (90.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53. | |
| Roughly 75.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Connor Clark Lunn Investment Management Ltd. Boosts Stock Holdings in Skeena Resources Limited - MarketBeat |
Skeena Resources Returns Distribution Density
The distribution of Skeena Resources' historical returns is an attempt to chart the uncertainty of Skeena Resources' future price movements. The chart of the probability distribution of Skeena Resources daily returns describes the distribution of returns around its average expected value. We use Skeena Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Skeena Resources returns is essential to provide solid investment advice for Skeena Resources.
| Mean Return | 0.34 | Value At Risk | -3.47 | Potential Upside | 5.64 | Standard Deviation | 3.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Skeena Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Skeena Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 12.0M | 24.7M | 2.5M | 289K | 50.5M | 53.1M | |
| Free Cash Flow | (10.8M) | (74.2M) | (135.8M) | (112.2M) | (113.7M) | (108.0M) | |
| Depreciation | 376.5K | 613.1K | 2.0M | 1.9M | 2.4M | 2.5M | |
| Other Non Cash Items | (1.8M) | (11.0M) | (12.7M) | (23.6M) | 9.7M | 10.2M | |
| Capital Expenditures | 324.6K | 7.8M | 11.4M | 18.8M | 23.1M | 24.3M | |
| Net Income | (27.1M) | (60.3M) | (117.6M) | (88.9M) | (109.0M) | (103.5M) | |
| End Period Cash Flow | 13.1M | 37.8M | 40.3M | 40.6M | 91.1M | 95.7M | |
| Investments | 388.4K | 591.4K | (2.2M) | 11.4M | 5.0M | 5.2M | |
| Change To Netincome | 1.4M | (14.3M) | 1.4M | (12.6M) | (11.3M) | (10.8M) |
Skeena Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Skeena Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Skeena Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Skeena stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 3.21 | |
Ir | Information ratio | 0.07 |
Skeena Resources Volatility Alert
Skeena Resources currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Skeena Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Skeena Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Skeena Resources Fundamentals Vs Peers
Comparing Skeena Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Skeena Resources' direct or indirect competition across all of the common fundamentals between Skeena Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Skeena Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Skeena Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Skeena Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Skeena Resources to competition |
| Fundamentals | Skeena Resources | Peer Average |
| Return On Equity | -0.78 | -0.31 |
| Return On Asset | -0.38 | -0.14 |
| Current Valuation | 1.32 B | 16.62 B |
| Shares Outstanding | 107.36 M | 571.82 M |
| Shares Owned By Insiders | 1.50 % | 10.09 % |
| Shares Owned By Institutions | 74.83 % | 39.21 % |
| Number Of Shares Shorted | 1.36 M | 4.71 M |
| Price To Book | 15.40 X | 9.51 X |
| Gross Profit | (27.68 K) | 27.38 B |
| EBITDA | (113.3 M) | 3.9 B |
| Net Income | (108.98 M) | 570.98 M |
| Cash And Equivalents | 40.6 M | 2.7 B |
| Cash Per Share | 0.53 X | 5.01 X |
| Total Debt | 32.38 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 2.23 X | 2.16 X |
| Book Value Per Share | 1.38 X | 1.93 K |
| Cash Flow From Operations | (90.6 M) | 971.22 M |
| Short Ratio | 4.70 X | 4.00 X |
| Earnings Per Share | (1.90) X | 3.12 X |
| Target Price | 16.57 | |
| Number Of Employees | 83 | 18.84 K |
| Beta | 1.68 | -0.15 |
| Market Capitalization | 1.39 B | 19.03 B |
| Total Asset | 194.99 M | 29.47 B |
| Retained Earnings | (476.91 M) | 9.33 B |
| Working Capital | 29.24 M | 1.48 B |
| Net Asset | 194.99 M |
Skeena Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Skeena . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Skeena Resources Buy or Sell Advice
When is the right time to buy or sell Skeena Resources? Buying financial instruments such as Skeena Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Skeena Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.