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SKE - Skeena Resources Looks Cheap Following The Recent Selloff
June, 10 2022 01:40 PM
Skeena Resources Limited
The market valuation of the company has almost halved since the middle of March as gold prices have declined by over $200 per ounce since then. I think that Eskay Creek is among the most compelling gold projects in the world today with AISC of below $550 per ounce of gold equivalent. At 0.5x NAV at $1,700 per ounce of gold, Skeena’s shares should be worth about $9.50. I think this recent selloff in the gold mining sector creates a window of opportunity to open a position at Skeena. For further details see:
Skeena Resources Looks Cheap Following The Recent Selloff
Stock Information
Company Name:
Skeena Resources Limited
Stock Symbol:
SKE
Market:
NYSE
Website:
skeenaresources.com
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