Skeena Resources Stock Buy Hold or Sell Recommendation
| SKE Stock | USD 4.67 0.03 0.64% |
Considering the 90-day investment horizon and your below-average risk tolerance, our recommendation regarding Skeena Resources is 'Strong Sell'. Macroaxis provides Skeena Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SKE positions. The advice algorithm takes into account all of Skeena Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Skeena Resources' buy or sell advice are summarized below:
Real Value 3.71 | Hype Value 4.71 | Market Value 4.67 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Skeena Resources given historical horizon and risk tolerance towards Skeena Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Skeena Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
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 | Modest | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Skeena Resources Trading Alerts and Improvement Suggestions
| Skeena Resources had very high historical volatility over the last 90 days | |
| Reported Net Loss for the year was (108.98 M) with profit before taxes, overhead, and interest of 0. | |
| 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. | |
| Skeena Resources has a frail financial position based on the latest SEC disclosures | |
| Roughly 71.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 5000 shares by Mcmahon Michael E of Skeena Resources at 35.6 subject to Rule 16b-3 |
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 | 0.24 | Value At Risk | -4.95 | Potential Upside | 6.16 | Standard Deviation | 3.54 |
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 Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Skeena Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skeena Resources backward and forwards among themselves. Skeena Resources' institutional investor refers to the entity that pools money to purchase Skeena Resources' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Intact Investment Management, Inc. | 2023-12-31 | 561.6 K | Gmt Capital Corp | 2023-12-31 | 389.6 K | Deutsche Bank Ag | 2023-12-31 | 345.2 K | Goehring & Rozencwajg Associates Llc | 2023-12-31 | 340.1 K | Manufacturers Life Insurance Co | 2023-12-31 | 292.8 K | Bank Of Montreal | 2023-12-31 | 271.3 K | Bmo Capital Markets Corp. | 2023-12-31 | 271.3 K | Goldman Sachs Group Inc | 2023-12-31 | 211.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 199.6 K | Van Eck Associates Corporation | 2023-12-31 | 4.5 M | Franklin Resources Inc | 2023-12-31 | 3.6 M |
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 | |
| 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 NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | 1.20 | |
σ | Overall volatility | 3.56 | |
Ir | Information ratio | 0.05 |
Skeena Resources Volatility Alert
Skeena Resources shows above-average downside volatility for the selected time horizon. 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 | -0.83 | -0.31 |
| Return On Asset | -0.4 | -0.14 |
| Current Valuation | 361.7 M | 16.62 B |
| Shares Outstanding | 90.3 M | 571.82 M |
| Shares Owned By Insiders | 1.79 % | 10.09 % |
| Shares Owned By Institutions | 70.64 % | 39.21 % |
| Number Of Shares Shorted | 2.14 M | 4.71 M |
| Price To Book | 4.63 X | 9.51 X |
| EBITDA | (113.3 M) | 3.9 B |
| Net Income | (108.98 M) | 570.98 M |
| Cash And Equivalents | 37.1 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 | 11.33 X | 4.00 X |
| Earnings Per Share | (0.93) X | 3.12 X |
| Number Of Employees | 83 | 18.84 K |
| Beta | 1.69 | -0.15 |
| Market Capitalization | 421.68 M | 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 |
Note: Disposition of 5000 shares by Mcmahon Michael E of Skeena Resources at 35.6 subject to Rule 16b-3 [view details]
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.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 25.0M | 20.3M | 24.2M | 25.4M | Total Assets | 155.0M | 168.0M | 195.0M | 204.7M |
Use Investing Ideas to Build Portfolios
In addition to having Skeena Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Automobiles and Trucks Theme or any other thematic opportunities.
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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. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Skeena Stock analysis
When running Skeena Resources' price analysis, check to measure Skeena Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skeena Resources is operating at the current time. Most of Skeena Resources' value examination focuses on studying past and present price action to predict the probability of Skeena Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skeena Resources' price. Additionally, you may evaluate how the addition of Skeena Resources to your portfolios can decrease your overall portfolio volatility.
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Is Skeena Resources' industry 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 (0.93) | Return On Assets (0.40) | Return On Equity (0.83) |
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.