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How to Buy Skeena Resources Stock

Skeena Resources Ltd

Skeena Resources is a mining company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker SKE on the NYSE exchange.

Skeena Resources stock last closed at $4.93, up 5.34% from the previous day, and has decreased 23.45% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0 percentage points. Skeena Resources stock is currently +61.9% from its 52-week low of $3.05, and -35.56% from its 52-week high of $7.65.

There are currently 90.3M shares of SKE outstanding. The market cap of SKE is $445.16M. In the last 24 hours, 160,532 SKE shares were traded.

How to Buy Skeena Resources Stock

Not sure how to invest in Skeena Resources stock? Here's how.
  1. Decide where to buy Skeena Resources stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Skeena Resources stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your payment method and add your information.
  4. Evaluate Skeena Resources stock: The Skeena Resources ticker symbol is SKE. Is Skeena Resources stock a good investment? Should you buy shares of SKE? How do SKE's underlying business fundamentals look? Do top analysts think Skeena Resources is a good buy? Why has SKE's stock price moved recently? (Hint: Our stock research tools can help you figure out if SKE is a good stock to buy).
  5. Make your SKE buy order: Decide if you will purchase SKE shares at the current market price or use a limit order to purchase SKE shares at a given price.
  6. Track your SKE position: Create a watchlist to key updates about your new investment in Skeena Resources shares.

Step 1: Decide where to buy Skeena Resources stock

You need a brokerage account in order to access the NYSE market and buy SKE stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal details so you can invest in SKE stock today.

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  1. Send your details by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've opened your account on the best stock investing app, you need to deposit funds:

Check out the walkthrough below to see the process of transferring money into your brokerage account.

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Step 4: Evaluate Skeena Resources stock

After you have selected the best place to buy Skeena Resources stock, it's important to evaluate their stock before you invest, so you truly comprehend the risk as well as the upside.

Skeena Resources quick stats

SKE Price
$4.93
1w %
6.25%
1y %
-23.45%
5y %
N/A
P/E
-5.19x
P/B
4.86x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$80.13M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$445.16M
Next Earnings
Jun 17, 2024
Next Dividend
N/A

SKE Due Diligence Checks

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on SKE's stock page.

Is SKE stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SKE's true value.

Using relative valuations metrics:

  • SKE may be overvalued based on its P/B ratio of 4.86x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.16x

You can do additional valuation research on SKE's stock here.

Is SKE a healthy company?

Signs that SKE is financially healthy:

  • There are more short-term assets than short-term liabilities on the SKE balance sheet.
  • There are more short-term assets than long-term liabilities on the SKE balance sheet.

Signs that SKE is not financially healthy:

  • SKE has a relatively high debt to equity ratio of 0.57.
  • SKE has cash burn of 83603676. It does not have enough cash and short-term investments to cover this.
  • SKE has $69.70M in cash and short term investments. This is not sufficient to cover its annual cash burn of $83.60M.

SKE Technicals

SMA10
4.68
SMA20
4.69
SMA50
4.34
SMA100
4.37
SMA200
4.44
MACD
0.09
MACD Signal
0.09
MACD Histogram
0
RSI
61.05
Stochastic %K
50
Stochastic %D
42.64
StochRSI %K
62.4
StochRSI %D
52.58

Are SKE insiders buying or selling the stock?

Over the past year, executives and large shareholders at SKE have not bought or sold any shares.

Learn more about who owns SKE shares here.

Can I get consistent income from SKE stock?

No, Skeena Resources doesn't provide an income stream by paying out dividends.

What others are saying about SKE

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your SKE buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.

Hit the Open button and eToro will place your order.

If you want more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Track your SKE position

Now that you own some shares in SKE, you'll want to stay up-to-date on your shares.

Create a watchlist to get alerted to the latest events about your SKE stock.

SKE Feed

How to Buy Stock in Skeena Resources

To summarize, here are the 6 steps for buying Skeena Resources stock:

  1. Decide where to buy Skeena Resources stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Evaluate Skeena Resources stock
  5. Make your SKE buy order
  6. Track your SKE position

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Skeena Resources, click below.

NYSE: SKE
$4.93+0.25 (+5.34%)
Updated Apr 26, 2024
Open eToro Account
NYSE: SKE
$4.93+0.25 (+5.34%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Skeena Resources share?

As of Apr 26, 2024, it costs $4.93 to buy one share of Skeena Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.406 shares of SKE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Skeena Resources stock?

One way to place an order for Skeena Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.