Skeena Resources: A Construction Re-Rate Hidden Inside A Precious Metals Developer
Skeena Resources is transitioning from a high-risk developer to a fully permitted, funded, mid-construction precious metals company targeting initial production in Q2 2027. SKE has secured all major permits, completed 49% of Eskay Creek construction, and raised US$750M in senior secured notes to fund remaining capex and reduce streaming liabilities. Despite a 17.7% capex increase to US$659M and a high price-to-book ratio, SKE offers a rare near-production re-rating opportunity in a favorable jurisdiction with strong gold/silver leverage.
i-80 Gold: A Derisked And Dirt-Cheap Nevada Powerhouse
i-80 Gold Corp. has sold off sharply following the completion of its recapitalization plan, a similar setup to Skeena Resources, which rocketed higher shortly after its selloff once the news was digested. And while both offered dirt-cheap gold/silver exposure, IAUX is much closer to cash flow than SKE was and has a more diversified pipeline capable of greater scale. In my view, this IAUX selloff is nearly as ridiculous an overreaction as the drop below US$0.50, with the major difference being that i-80 is a far more de-risked story today.
Skeena Resources' Eskay Creek Is Building Value, And Shares Offer The Opportunity (Rating Upgrade)
Skeena Resources Limited (SKE) is upgraded to Buy (from previous Hold), driven by strong project progress and robust financing for its Eskay Creek gold-silver project. SKE's inclusion in the S&P/TSX Composite Index, full project funding, and accelerating asset growth highlight improved outlook and institutional confidence. Eskay Creek's high-grade reserves, favorable gold price forecasts, and undervalued EV/EBITDA ratio support significant upside potential for SKE shares.
Is Skeena Resources Limited (SKE) Outperforming Other Basic Materials Stocks This Year?
Here is how Skeena Resources Limited (SKE) and Symrise AG Unsponsored ADR (SYIEY) have performed compared to their sector so far this year.
Can Skeena Resources Limited (SKE) Climb 28.84% to Reach the Level Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 28.8% in Skeena Resources Limited (SKE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Skeena Gold & Silver Draws US$45 Million of Funding Under Gold Stream Arrangement; Provides Progress Update on Eskay Creek
VANCOUVER, BC / ACCESSWIRE / January 6, 2025 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena Gold & Silver", "Skeena" or the "Company") collected US$45 million of gold stream funding on December 30, 2024 under its gold stream arrangement, as outlined in the Company's news release dated June 25, 2024 (the "Gold Stream Arrangement"). Skeena is also pleased to report continued advancement on numerous authorizations from the Province of British Columbia to support ongoing activity at the Company's 100%-owned Eskay Creek Gold-Silver Project ("Eskay" or the "Project").
Skeena Gold & Silver Receives Approval for Bulk Technical Sample at Eskay Creek and Provides Update on Other Regulatory Activities
VANCOUVER, BC / ACCESSWIRE / December 16, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena Gold and Silver", "Skeena" or the "Company") is pleased to report positive progress on permitting activities for the development of the Company's 100%-owned Eskay Creek Gold-Silver Project ("Eskay" or the "Project"). Walter Coles, Executive Chairman of Skeena, commented: "The receipt of the Bulk Technical Sample permit is a major milestone for the company as it grants us the necessary authorizations for all planned development activities at Eskay Creek in 2025.
Skeena Gold & Silver Reports Q3 2024 Financial Results
VANCOUVER, BC / ACCESSWIRE / November 14, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena Gold & Silver", "Skeena" or the "Company") reports interim financial results for the quarter ended September 30, 2024. The interim financial statements and management's discussion and analysis ("MD&A") are available on Skeena's website and have been posted under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.
Skeena Resources: Canadian Gold And Silver Exploration Stock With Significant Upside
The gold price has soared to new record highs, and we are starting to see gold and silver exploration stocks benefit. Pit-constrained proven and probable reserves include 3.3 million ounces of gold and 88 million ounces of silver as of November 2023. Skeena's share price has bounced recently, largely rising in sympathy with Osisko Mining after Gold Field's $2.1 billion takeover offer.
Beyond gold: Skeena Resources' Eskay Creek to be a significant silver producer
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Skeena Reports Q2 2024 Financial Results and Provides Corporate Update
VANCOUVER, BC / ACCESSWIRE / August 8, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") reports interim financial results for the quarter ended June 30, 2024. The interim financial statements and management's discussion and analysis ("MD&A") are available on Skeena's website and have been posted under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.
Skeena Hosts Webcast On Eskay Financing Package
VANCOUVER, BC / ACCESSWIRE / June 26, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce that it has secured a financing package totaling US$750 million (equivalent to over C$1 billion) with Orion Resource Partners for the development of the Eskay Creek Gold-Silver Project ("Eskay" or the "Project"), as per the Company's news release dated June 25, 2024. Today, the Company will be hosting a webcast to provide investors and stakeholders with a comprehensive understanding of this development and the strategic rationale behind this deal.
