Skeena Resources Raises C$143.8 Million Through Share Offering

Skeena Resources ( (TSE:SKE) ) has issued an announcement.

On October 1, 2025, Skeena Resources Limited announced an agreement with a syndicate of underwriters led by BMO Capital Markets to purchase 5,210,000 common shares at C$24.00 per share, raising approximately C$125 million. By October 8, 2025, the company closed the offering, with the underwriters exercising their over-allotment option in full, resulting in the sale of 5,991,500 shares and gross proceeds of C$143,796,000. The funds will support the advancement of the Eskay Creek project and general corporate purposes.

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 Canadian mining company focused on the exploration and development of precious metal properties, primarily gold and silver. The company is particularly known for its Eskay Creek project, which is a significant gold-silver mining initiative.

Average Trading Volume: 469,044

Technical Sentiment Signal: Buy

Current Market Cap: C$3.02B

Find detailed analytics on SKE stock on TipRanks’ Stock Analysis page.