Skeena Resources Limited (SKE)Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NYSE
31.51 USD
-0.40
(-1.254%) ⇩
(Oct. 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 1:08 a.m. EDT
The investment case here is structurally broken. The company is burning cash aggressively, with free cash flow of nearly -$860 million and operating cash flow in the negative millions, while carrying a staggering $1.1 billion in debt against a market cap of only $4 billion. This creates a precarious liquidity situation where the company must constantly refinance or dilute shareholders just to survive. The balance sheet is a liability, not a fortress, with a debt-to-equity ratio exceeding 650%. While there is a narrative about securing funds for the Eskay Creek project, the financial reality suggests the business is currently consuming capital faster than it can generate it. The lack of any dividend and negative returns on equity confirm that the current operations are not sustainable without further capital injections. The options market reflects this fear, with traders buying deep protection for the long term. Until the company demonstrates a clear path to profitability or a drastic reduction in leverage, this remains a high-risk speculative vehicle with deteriorating fundamentals. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.155782 |
| AutoETS | 0.159383 |
| AutoARIMA | 0.159387 |
| AutoTheta | 0.187834 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 1.67 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.055 |
| Excess Kurtosis | -0.01 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 657.169 |
| Market Cap | 3,953,329,920 |
| Beta | 2.24 |
| Website | https://skeenagoldsilver.com |
As of Oct. 10, 2026, 1:08 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts (strikes 25 and 27.5) expiring late in 2027, suggesting a belief that the stock could trade significantly lower. Conversely, call activity is concentrated in the money and slightly out-of-the-money strikes (30-35), indicating a hedge against a modest bounce rather than a breakout. The imbalance in long-dated put volume versus call volume points to a speculative bet on continued distress or a deep value trap scenario.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.60432374 |
| Address1 | 1,133 Melville Street |
| Address2 | Suite 2600 |
| All Time High | 182.0 |
| All Time Low | 0.18 |
| Ask | 0.0 |
| Ask Size | 200 |
| Audit Risk | 7 |
| Average Daily Volume10 Day | 561,370 |
| Average Daily Volume3 Month | 538,107 |
| Average Volume | 538,107 |
| Average Volume10Days | 561,370 |
| Beta | 2.244 |
| Bid | 0.0 |
| Bid Size | 700 |
| Board Risk | 9 |
| Book Value | 0.955788 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 31.51 |
| Current Ratio | 3.154 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 32.15 |
| Day Low | 31.11 |
| Debt To Equity | 657.169 |
| Display Name | Skeena Resources |
| Dividend Date | 1,508,457,600 |
| Dividend Yield | 0.0 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | -76,054,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -64.779 |
| Enterprise Value | 4,926,733,824 |
| Eps Trailing Twelve Months | -1.5 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 604 558 7695 |
| Fifty Day Average | 31.9342 |
| Fifty Day Average Change | -0.42420006 |
| Fifty Day Average Change Percent | -0.013283566 |
| Fifty Two Week Change Percent | 60.432373 |
| Fifty Two Week High | 38.77 |
| Fifty Two Week High Change | -7.26 |
| Fifty Two Week High Change Percent | -0.1872582 |
| Fifty Two Week Low | 15.43 |
| Fifty Two Week Low Change | 16.08 |
| Fifty Two Week Low Change Percent | 1.0421257 |
| Fifty Two Week Range | 15.43 - 38.77 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,012,919,400,000 |
| Float Shares | 91,801,061 |
| Free Cashflow | -859,302,016 |
| Full Exchange Name | NYSE |
| Full Time Employees | 170 |
| Fullday Change | -0.3495674 |
| Fullday Change Percent | -1.0954792 |
| Fullday Price | 31.46 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02572 |
| Held Percent Institutions | 0.81113 |
| Implied Shares Outstanding | 125,462,705 |
| Industry | Other Industrial Metals & Mining |
| Industry Disp | Other Industrial Metals & Mining |
| Industry Key | other-industrial-metals-mining |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,623,283,200 |
| Last Split Factor | 1:4 |
| Long Business Summary | Skeena Resources Limited engages in the exploration and development of mineral properties in Canada. It explores for gold, silver, and copper deposits. Its flagship property is the Eskay Creek project, which consists of 51 mineral claims and eight mineral leases covering an area of approximately 7,666.02 hectares located in the Golden Triangle region of British Columbia. The company was formerly known as Prolific Resources Ltd. and changed its name to Skeena Resources Limited in June 1990. Skeena Resources Limited was incorporated in 1979 and is based in Vancouver, Canada. |
| Long Name | Skeena Resources Limited |
| Market | us_market |
| Market Cap | 3,953,329,920 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_3181590 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -248,236,992 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,959,988,897 |
| Open | 32.16 |
| Operating Cashflow | -48,825,000 |
| Operating Margins | 0.0 |
| Overall Risk | 8 |
| Phone | 604 684 8725 |
| Pre Market Change | -0.050001144 |
| Pre Market Change Percent | -0.15868342 |
| Pre Market Price | 31.46 |
| Pre Market Time | 1,791,964,801 |
| Previous Close | 31.91 |
| Price Hint | 2 |
| Price To Book | 32.96756 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.807 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.4 |
| Regular Market Change Percent | -1.25352 |
| Regular Market Day High | 32.15 |
| Regular Market Day Low | 31.11 |
| Regular Market Day Range | 31.11 - 32.15 |
| Regular Market Open | 32.16 |
| Regular Market Previous Close | 31.91 |
| Regular Market Price | 31.51 |
| Regular Market Time | 1,791,921,602 |
| Regular Market Volume | 441,267 |
| Return On Assets | -0.04104 |
| Return On Equity | -1.75174 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 125,462,705 |
| Shares Percent Shares Out | 0.051 |
| Shares Short | 6,400,678 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 6,399,187 |
| Short Name | Skeena Resources Limited |
| Short Ratio | 14.48 |
| Source Interval | 15 |
| State | BC |
| Symbol | SKE |
| Total Cash | 149,048,000 |
| Total Cash Per Share | 1.188 |
| Total Debt | 1,122,451,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.5 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 30.21925 |
| Two Hundred Day Average Change | 1.2907505 |
| Two Hundred Day Average Change Percent | 0.042712856 |
| Type Disp | Equity |
| Volume | 441,267 |
| Website | https://skeenagoldsilver.com |
| Zip | V6E 4E5 |