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Skeena Resources ( (TSE:SKE) ) has shared an announcement.
On October 3, 2025, Skeena Resources Limited announced the filing of a prospectus supplement and an underwriting agreement for a bought deal offering of 5,210,000 common shares at C$24.00 per share, aiming to raise approximately C$125 million. The offering, led by BMO Capital Markets, includes an over-allotment option for an additional 781,500 shares, potentially increasing proceeds to C$143.8 million. The shares will be offered in Canada and the U.S., with the offering expected to close on October 8, 2025, subject to regulatory approvals.
The most recent analyst rating on (TSE:SKE) stock is a Buy with a C$33.00 price target. To see the full list of analyst forecasts on Skeena Resources stock, see the TSE:SKE Stock Forecast page.
Spark’s Take on TSE:SKE Stock
According to Spark, TipRanks’ AI Analyst, TSE:SKE is a Neutral.
Skeena Resources’ overall stock score reflects the high-risk, high-reward nature of exploration companies. The financial performance is weak due to lack of revenue and substantial losses, yet there is strong technical momentum and positive corporate developments. Valuation remains challenging with negative earnings, but the company’s strategic initiatives in project advancement and financing are promising. Investors should weigh the potential for significant returns against the inherent risks of the sector.
To see Spark’s full report on TSE:SKE stock, click here.
More about Skeena Resources
Skeena Resources Limited is a leading precious metals developer focused on advancing the Eskay Creek Gold-Silver Project, a past-producing mine located in the Golden Triangle of British Columbia, Canada. The project is set to become one of the highest-grade and lowest-cost open-pit precious metals mines globally, with significant silver by-product production. Skeena is committed to sustainable mining practices and works in partnership with the Tahltan Nation to foster positive relationships with Indigenous communities, aiming to deliver long-term value and sustainable growth for its stakeholders.
Average Trading Volume: 451,394
Technical Sentiment Signal: Buy
Current Market Cap: C$2.8B
See more insights into SKE stock on TipRanks’ Stock Analysis page.