Skeena Resources Secures Clean Energy for Eskay Creek Project

Skeena Resources ( (TSE:SKE) ) has provided an update.

On May 22, 2025, Skeena Resources Limited announced the completion of an interconnection and transmission agreement with Coast Mountain Hydro Limited Partnership. This agreement allows Skeena to connect its Eskay Creek Gold-Silver Project to CMH’s transmission line, securing access to clean, cost-effective energy and eliminating the need for additional infrastructure. This strategic move is expected to reduce operating costs and emissions, enhancing the project’s sustainability and advancing its development. The agreement is a significant step in de-risking the project and aligns with Skeena’s commitment to sustainable mining and stakeholder value.

The most recent analyst rating on (TSE:SKE) stock is a Buy with a C$12.00 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 leading precious metals developer focused on the Eskay Creek Gold-Silver Project in the Golden Triangle of British Columbia, Canada. The company aims to establish one of the highest-grade and lowest-cost open-pit precious metals mines globally, with significant silver by-product production. Skeena is committed to sustainable mining practices and fostering positive relationships with Indigenous communities, particularly in partnership with the Tahltan Nation.

Average Trading Volume: 276,676

Technical Sentiment Signal: Buy

Current Market Cap: C$1.97B

See more data about SKE stock on TipRanks’ Stock Analysis page.