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An update from Skeena Resources ( (TSE:SKE) ) is now available.
On February 20, 2025, Skeena Resources Limited announced an underwriting agreement to issue and sell 4,800,000 common shares at a price of $14.70 per share, potentially raising gross proceeds of C$70,560,000. The agreement includes an option for underwriters to purchase up to 720,000 additional shares, with the offering covering several jurisdictions in Canada and the United States. This strategic move is expected to bolster Skeena’s financial standing and support its ongoing exploration and development activities, potentially impacting stakeholders by enhancing the company’s market position and operational capabilities.
More about Skeena Resources
Skeena Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resource properties. The company is primarily engaged in the extraction of precious metals, with a market focus on expanding its portfolio through strategic offerings and partnerships.
YTD Price Performance: 9.23%
Average Trading Volume: 268,115
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.59B
For detailed information about SKE stock, go to TipRanks’ Stock Analysis page.
