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Skeena Resources ( (TSE:SKE) ) has issued an update.
On February 3, 2026, Skeena Resources announced it has received the Environmental Management Act permit from the British Columbia Ministry of Environment and Parks for its Eskay Creek gold-silver project, completing the permitting process required to move the mine into commercial development. The EMA permit, jointly approved with the Tahltan Central Government and submitted alongside the B.C. Mines Act permit received on January 27, 2026, paves the way for full-scale construction and a targeted restart of mining operations in the second quarter of 2027, marking a pivotal step for Skeena’s growth strategy and positioning Eskay Creek as a key future contributor to British Columbia’s mining sector and local communities.
The most recent analyst rating on (TSE:SKE) stock is a Hold with a C$45.00 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.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and significant cash burn with rising leverage). Technicals are a meaningful positive due to a strong uptrend, but overbought signals temper that strength. Valuation is also pressured because losses make the negative P/E an unfavorable indicator and there is no dividend support.
To see Spark’s full report on TSE:SKE stock, click here.
More about Skeena Resources
Skeena Resources, operating as Skeena Gold & Silver, is a Canadian precious metals developer focused on advancing its 100%-owned Eskay Creek gold-silver project, a past-producing mine in British Columbia’s Golden Triangle. The company aims to bring Eskay Creek back into production as one of the world’s highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product output, and emphasizes sustainable mining practices and partnerships with Indigenous communities, particularly the Tahltan Nation.
Average Trading Volume: 449,410
Technical Sentiment Signal: Buy
Current Market Cap: C$4.7B
For an in-depth examination of SKE stock, go to TipRanks’ Overview page.