SKREF - Skeena Resources: Valuation Improving After The Drop

• Skeena Resources is one of the better-performing gold juniors this year despite its negative year-to-date return, relative to a more than 25% decline in the Gold Juniors Index.
• However, with precious metals prices under pressure, Skeena has slid 26% from its highs, despite releasing a robust Pre-Feasibility Study earlier this quarter.
• While the recent correction has unnerved some, Skeena's fundamentals remain strong, with Skeena's Eskay Creek being one of the best undeveloped gold projects globally.
• At a time when gold majors are sitting on healthy balance sheets and some might be eager to grow, Skeena looks like a likely takeover target and a name worth keeping a close eye on.

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