Skeena Resources Advances Eskay Creek Project with Environmental Assessment Filing

The latest announcement is out from Skeena Resources ( (TSE:SKE) ).

On April 16, 2025, Skeena Resources Limited announced the submission of its Environmental Assessment application for the Eskay Creek Gold-Silver Project to the BC Environmental Assessment Office and the Tahltan Central Government. This milestone marks significant progress in the permitting process, with the project poised to contribute $14 billion to the GDP of BC and Canada and create substantial employment opportunities. The project is expected to become Canada’s largest silver mine, supporting regional economic growth and community development for nearly two decades.

Spark’s Take on TSE:SKE Stock

According to Spark, TipRanks’ AI Analyst, TSE:SKE is a Underperform.

Skeena Resources’ stock is challenged by financial instability and lack of revenue, typical for exploration phase companies. Despite recent financing improving its financial position, the continuous losses and high volatility reflected in its technical indicators and valuation suggest significant risk. The lack of earnings call data limits insights into future guidance.

To see Spark’s full report on TSE:SKE stock, click here.

More about Skeena Resources

Skeena Resources Limited is a prominent precious metals developer focused on advancing the Eskay Creek Gold-Silver Project, a former mine located in the Golden Triangle of British Columbia, Canada. Known for its high-grade and low-cost open-pit operations, Eskay Creek is expected to be a significant producer of silver as a by-product, surpassing many primary silver mines. Skeena is committed to sustainable mining practices and fostering positive relationships with Indigenous communities, particularly in partnership with the Tahltan Nation.

YTD Price Performance: 27.99%

Average Trading Volume: 287,008

Technical Sentiment Signal: Sell

Current Market Cap: C$1.94B

For an in-depth examination of SKE stock, go to TipRanks’ Stock Analysis page.