TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Skyharbour Resources ( (TSE:SYH) ) has shared an update.
Skyharbour Resources Ltd. and its joint-venture partner Orano Canada Inc. have announced an extensive exploration and drilling program for 2026 at the Preston Uranium Project in Saskatchewan. The program aims to build on previous successful exploration results and includes an Airborne Gravity Gradiometry survey and a summer drilling campaign of approximately 3,500 meters. These efforts are expected to advance the geological understanding of the project, identify new high-quality drill targets, and enhance the project’s potential for uranium mineralization, thereby strengthening Skyharbour’s position in the uranium exploration sector.
The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.12 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.
Spark’s Take on TSE:SYH Stock
According to Spark, TipRanks’ AI Analyst, TSE:SYH is a Neutral.
Skyharbour Resources faces challenges typical of exploration stage mining firms, such as no revenue and ongoing operational losses, which weigh heavily on its financial performance score. Technical analysis suggests limited momentum, while valuation metrics reflect the absence of earnings. However, recent corporate events, including successful drilling and strategic partnerships, provide potential growth opportunities and contribute positively to the overall score.
To see Spark’s full report on TSE:SYH stock, click here.
More about Skyharbour Resources
Skyharbour Resources Ltd. operates in the mining industry, focusing on uranium exploration and development projects. The company has a significant interest in the Preston Uranium Project located in the Athabasca Basin, Saskatchewan, Canada, where it collaborates with joint-venture partner Orano Canada Inc.
Average Trading Volume: 719,705
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$70.99M
For an in-depth examination of SYH stock, go to TipRanks’ Overview page.