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Skeena Resources Limited (SKE-X) boasts the distinction of having the highest open-pit mine grade in the world, which positions it as a noteworthy asset in the mining sector. Despite this remarkable grade, the company faces challenges due to the refractory nature of its ore, which could lead to potential penalties. However, experts believe that even with these potential drawbacks, the profitability of the operation remains promising. Additionally, the company's commitment to fostering goodwill with its indigenous partners serves as a valuable lesson for the mining community, enhancing its reputation and long-term sustainability. Overall, the company's strong resource grade and positive relationship with stakeholders contribute positively to its outlook in a volatile industry.
Skeena Resources Limited is a Canadian stock, trading under the symbol SKE-X on the TSX Venture Exchange (SKE-CV). It is usually referred to as TSXV:SKE or SKE-X
In the last year, 1 stock analyst published opinions about SKE-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Skeena Resources Limited.
Skeena Resources Limited was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Skeena Resources Limited.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Skeena Resources Limited In the last year. It is a trending stock that is worth watching.
On 2020-08-19, Skeena Resources Limited (SKE-X) stock closed at a price of $2.62.
Highest open-pit mine grade in the world. Great asset. Knock against the stock has been the refractory nature of the ore and potential penalties. Even with penalties, this will be stupidly profitable.
Goodwill with its indigenous partners is a lesson for the whole mining community.