Shares of Skyharbour Resources Ltd. (CVE:SYH – Get Rating) traded up 4.3% during mid-day trading on Friday . The company traded as high as C$0.36 and last traded at C$0.36. 69,072 shares were traded during mid-day trading, a decline of 83% from the average session volume of 400,082 shares. The stock had previously closed at C$0.35.
Analysts Set New Price Targets
Separately, Fundamental Research cut their target price on shares of Skyharbour Resources from C$1.04 to C$0.75 and set a “buy” rating for the company in a research report on Tuesday, June 21st.
Skyharbour Resources Trading Up 4.3 %
The business’s fifty day moving average price is C$0.38 and its two-hundred day moving average price is C$0.53. The firm has a market cap of C$47.52 million and a P/E ratio of 36.00.
About Skyharbour Resources
Skyharbour Resources Ltd., a uranium and thorium exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Saskatchewan, Canada. The company’s flagship project is the Moore Lake Uranium project covering 35,705 hectares located on the eastern portion of the Athabasca Basin.
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