Skeena Resources Limited - SKE

SKE Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
SKE	1.8	-10.9	-16.2	-6.2	53.8	99.0	-27.2	336.7	222.1	-43.9
S&P 500	-1.3	-2.3	0.5	5.7	10.7	30.1	25.2	88.0	187.6	33142.5

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Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	SKE
name	Skeena Resources Limited
price	7.86
changes percentage	1.81
change	0.14
day low	7.57
day high	8.02
year high	10.33
year low	3.29
market cap	838269000
price avg 50	8.90
price avg 200	6.14
exchange	NYSE
volume	696801
avg volume	358587
open	7.57
previous close	7.72
eps	-1.09
pe	-7.21
earnings announcement	2024-11-15T12:00:00.000+0000
shares outstanding	106650000
timestamp	2024-11-15 21:00:02

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 35.7%

Overall Quarterly Financial Health: 20.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001713748
revenue	0	0	NaN
gross profit	-2400000	-289000	-730.45
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	114774000	112758000	1.79
interest income	2040000	361000	465.10
interest expense	339000	-34627000	100.98
ebitda	-113881000	-111112000	-2.49
ebitdaratio	0	0	NaN
operating income	-114774000	-123517000	7.08
operating income ratio	0	0	NaN
net income	-108980000	-54263000	-100.84
net income ratio	0	0	NaN
eps	-1.29	-0.77	-67.53

Overall Score of Annual Income Statement

0.17 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to -2 million in 2023 from 0 million in 2022 representing a change of -730.45%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 115 million in 2023 from 113 million in 2022 representing a change of 1.79%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Operating Income: Operating income decreased to -115 million in 2023 from -124 million in 2022 representing a change of 7.08%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -109 million in 2023 from -54 million in 2022 representing a change of -100.84%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -1.29 in 2023 from -1.29 in 2022 representing a change of -67.53%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -114 million in 2023 from -111 million in 2022 representing a change of -2.49%. The increase in EBITDA indicates improved operational efficiency and profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0001713748
revenue	1440000	0	NaN
gross profit	-220000	-752000	70.74
gross profit ratio	-0.15	0	NaN
research and development expenses	0	0	NaN
operating expenses	31081000	26207000	18.60
interest income	670000	1002000	-33.13
interest expense	0	243000	-100.00
ebitda	-31408000	-26450000	-18.74
ebitdaratio	-21.81	0	NaN
operating income	-32401000.0	-26959000	-20.19
operating income ratio	-22.5	0	NaN
net income	-34985000	-27418000	-27.60
net income ratio	-24.3	0	NaN
eps	-0.38	-0.3	-26.67

Overall Score of Quarterly Income Statement

None

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001713748
total assets	194987000	167980000	16.08
total liabilities	70452000	30753000	129.09
total equity	124535000	137227000	-9.25
cash and cash equivalents	91135000	40602000	124.46
short term investments	1554000	2494000	-37.69
long term investments	0	0	NaN
total current assets	97502000	50124000	94.52
total non current assets	97485000	117856000	-17.28
total current liabilities	25235000	20885000	20.83
total non current liabilities	45217000	9868000	358.22
common stock	552397000	464029000	19.04
retained earnings	-476911000	-367931000	-29.62
total debt	32382000	3562000	809.10

Overall Score of Annual Balance Sheet

0.4 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 195 million in 2023 from 168 million in 2022 representing a change of 16.08%. Suggesting a growth in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 91 million in 2023 from 41 million in 2022 representing a change of 124.46%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 98 million in 2023 from 50 million in 2022 representing a change of 94.52%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 552 in 2023 from 464 in 2022 representing a change of 19.04%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 70 million in 2023 from 31 million in 2022 representing a change of 129.09%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 125 million in 2023 from 137 million in 2022 representing a change of -9.25%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 2 million in 2023 from 2 million in 2022 representing a change of -37.69%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 25 million in 2023 from 21 million in 2022 representing a change of 20.83%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -477 million in 2023 from -368 million in 2022 representing a change of -29.62%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 32 million in 2023 from 4 million in 2022 representing a change of 809.1%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0001713748
total assets	248435000	167582000	48.25
total liabilities	78313000	66090000	18.49
total equity	170122000	101492000	67.62
cash and cash equivalents	127261000	59056000	115.49
short term investments	910000	1369000	-33.53
long term investments	0	0	NaN
total current assets	131886000	64177000	105.50
total non current assets	116549000	103404999	12.71
total current liabilities	45863000	20651000	122.09
total non current liabilities	32450000	45439000	-28.59
common stock	661162000	552881000	19.58
retained earnings	-537573000	-504329000	-6.59
total debt	17406000	33383000	-47.86

Overall Score of Quarterly Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 248 million in 2024Q2 from 168 million in 2024Q1 representing a change of 48.25%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 170 million in 2024Q2 from 101 million in 2024Q1 representing a change of 67.62%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 127 million in 2024Q2 from 59 million in 2024Q1 representing a change of 115.49%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 132 million in 2024Q2 from 64 million in 2024Q1 representing a change of 105.5%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 661 in 2024Q2 from 553 in 2024Q1 representing a change of 19.58%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 17 million in 2024Q2 from 33 million in 2024Q1 representing a change of -47.86%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 78 million in 2024Q2 from 66 million in 2024Q1 representing a change of 18.49%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 1 million in 2024Q2 from 1 million in 2024Q1 representing a change of -33.53%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 46 million in 2024Q2 from 21 million in 2024Q1 representing a change of 122.09%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -538 million in 2024Q2 from -504 million in 2024Q1 representing a change of -6.59%. This indicates an accumulated losses.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001713748
net change in cash	50533	289000	-82.51
operating cash flow	-90598	-93381000	99.90
free cash flow	-113701	-112223000	99.90
capital expenditure	-23103	-18842000	99.88
depreciation and amortization	2474	1912000	-99.87
deferred income tax	0	0	NaN
stock based compensation	11987000	10971	109,160.78
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	-14601000	100.00
investments in property plant and equipment	-23103	-18842000	99.88
net cash used for investing activites	31268	11401000	-99.73
debt repayment	97546	34023000	-99.71
common stock issued	110854000	52540000	110.99
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	109863000	82269000	33.54
cash at end of period	91135	40602000	-99.78
accounts receivables	3362	1783000	-99.81
cash at beginning of period	40602	40313000	-99.90

Overall Score of Annual Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2023 from 0 million in 2022 representing a change of -82.51%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from -19 million in 2022 representing a change of 99.88%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 12 million in 2023 from 0 million in 2022 representing a change of 109160.78%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 0 million in 2023 from -93 million in 2022 representing a change of 99.9%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 0 million in 2023 from -112 million in 2022 representing a change of 99.9%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2023 from 2 million in 2022 representing a change of -99.81%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0001713748
operating cash flow	-21946000	-23217000	5.47
free cash flow	-22582000	-25677000	12.05
capital expenditure	-1676000	-2460000	31.87
depreciation and amortization	1660000	752000	120.74
deferred income tax	0	0	NaN
stock based compensation	1720000	4079.0	42,067.20
accounts receivables	-44000	1693000	-102.60
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-1676000	-2460000	31.87
net cash used for investing activites	-3457000	-8398000	58.84
debt repayment	-27381000	-419000	-6,434.84
common stock issued	122750000	6000	2,045,733.33
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	94076000	-464000	20,375.00
net change in cash	68205000	-32079000	312.62
cash at end of period	127261000	59056000	115.49
cash at beginning of period	59056000	91135000	-35.20

Overall Score of Quarterly Cashflow Statement

None

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	-1.29	-0.77	-67.49
operating cash flow per share	-0.0	-1.33	99.92
free cash flow per share	-0.0	-1.6	99.92
cash per share	1.1	0.61	79.37
book value per share	1.48	1.95	-24.32
tangible book value per share	1.48	1.95	-24.32
shareholders equity per share	1.48	1.95	-24.32
interest debt per share	0.27	-0.49	155.67
market cap	544981923.95	506796282.9	7.53
enterprise value	486228923.95	469756282.9	3.51
pe ratio	-5.0	-9.34	46.46
price to sales ratio	0	0	NaN
pocfratio	-6015.39	-5.43	-110,737.98
pfcf ratio	-4793.11	-4.52	-106,036.87
pb ratio	4.38	3.69	18.49
ptb ratio	4.38	3.69	18.49
ev to sales	0	0	NaN
enterprise value over ebitda	-4.27	-4.23	-0.99
ev to operating cash flow	-5366.88	-5.03	-106,586.16
ev to free cash flow	-4276.38	-4.19	-102,061.15
earnings yield	-0.2	-0.11	-86.76
free cash flow yield	-0.0	-0.22	99.91
debt to equity	0.18	0	NaN
debt to assets	0.12	0	NaN
net debt to ebitda	0.52	0.33	54.76
current ratio	3.86	2.4	60.99
interest coverage	-338.57	3.57	-9,591.44
income quality	0.83	1.05	-20.87
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.26	-0.2	-26.38
capex to revenue	0	0	NaN
capex to depreciation	9.34	9.85	-5.24
stock based compensation to revenue	0	0	NaN
graham number	6.55	5.82	12.59
roic	-0.78	-0.55	-42.63
return on tangible assets	-0.56	-0.32	-73.02
graham net net	0.26	0.18	50.25
working capital	72267000	29239000	147.16
tangible asset value	124535000	137227000	-9.25
net current asset value	27050000	19371000	39.64
invested capital	167650000	144913000	15.69
average receivables	0	0	NaN
average payables	17282500	13257000	30.37
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	3131.09	17652.61	-82.26
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.12	0.02	463.78
inventory turnover	0	0	NaN
roe	-0.88	-0.4	-121.30
capex per share	0.0	0.27	-99.90

• Negative

  ROE: Return on Equity (ROE) decreased to -0.88 on 2023-12-31 from -0.40 on 2022-12-31, representing a change of -121.30%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 3.86 on 2023-12-31 from 2.40 on 2022-12-31, representing a change of 60.99%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -5.00 on 2023-12-31 from -9.34 on 2022-12-31, representing a change of 46.46%. Indicating an increase in the relative valuation of the company's stock.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
SKE
calendar year	2024	2024	NaN
revenue per share	0.02	0	NaN
net income per share	-0.38	-0.3	-25.54
operating cash flow per share	-0.24	-0.26	7.00
free cash flow per share	-0.25	-0.28	13.47
cash per share	1.4	0.67	108.70
book value per share	1.85	1.12	64.92
tangible book value per share	1.85	1.12	64.92
shareholders equity per share	1.85	1.12	64.92
interest debt per share	0	0.27	-100.00
market cap	644035402.65	571133034.37	12.76
enterprise value	534180402.65	545460034.37	-2.07
pe ratio	-4.6	-5.21	11.63
price to sales ratio	447.25	0	NaN
pocfratio	-29.35	-24.6	-19.30
pfcf ratio	-28.52	-22.24	-28.22
pb ratio	3.79	5.63	-32.73
ptb ratio	3.79	5.63	-32.73
ev to sales	370.96	0	NaN
enterprise value over ebitda	-17.01	-20.62	17.53
ev to operating cash flow	-24.34	-23.49	-3.60
ev to free cash flow	-23.66	-21.24	-11.35
earnings yield	-0.05	-0.05	-13.15
free cash flow yield	-0.04	-0.04	22.01
debt to equity	0	0.24	-100.00
debt to assets	0	0.14	-100.00
net debt to ebitda	3.5	0.97	260.35
current ratio	2.88	3.11	-7.47
interest coverage	0	-110.94	100.00
income quality	0.63	0.85	-25.92
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	3.62	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.08	-0.11	27.92
capex to revenue	1.16	0	NaN
capex to depreciation	1.01	3.27	-69.14
stock based compensation to revenue	1.19	0	NaN
graham number	3.99	2.77	43.89
roic	-0.19	-0.22	13.61
return on tangible assets	-0.14	-0.16	13.93
graham net net	0.54	-0.06	965.92
working capital	86023000	43526000	97.64
tangible asset value	170122000	101492000	67.62
net current asset value	53573000	-1913000	2,900.47
invested capital	126072000	75411000	67.18
average receivables	0	0	NaN
average payables	19614000	18161500	8.00
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	1273.72	1883.18	-32.36
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.07	0.05	47.85
inventory turnover	0	0	NaN
roe	-0.21	-0.27	23.88
capex per share	0.02	0.03	-32.97

• Negative

  ROE: Return on Equity (ROE) increased to -0.21 on 2024-06-30 Q2 from -0.27 on 2024-03-31 Q1, representing a change of 23.88%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -4.60 on 2024-06-30 Q2 from -5.21 on 2024-03-31 Q1, representing a change of 11.63%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-06-30 Q2 from 0.24 on 2024-03-31 Q1, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Neutral

  Current Ratio: Current Ratio decreased to 2.88 on 2024-06-30 Q2 from 3.11 on 2024-03-31 Q1, representing a change of -7.47%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.49 which is lower than current price 7.86, indicates the company may be overvalued.