# Skeena Resources Limited (SKE.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$45.77, market value C$5.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Skeena Resources Limited reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 33.5×**. The shares trade at 33.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -7.9%** (5-yr avg -15.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -114.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -81.0%**. Return on all capital, debt included, is -81.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -23.7%**. Each dollar of assets produces -23.7% of profit.

## Growth
- **EPS growth (1 yr): -3.9%**. Earnings per share fell 3.9%.

## Financial health
- **Debt to equity: 0.40**. Debt is 0.40 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -20.9×**. Operating profit covers interest only -20.9×: fragile.
- **Current ratio: 1.82** (quick 1.82). Current assets cover the next year's liabilities 1.82 times.
- **Altman Z-score: 5.79**. A Z-score of 5.79 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Skeena Resources Limited does not currently pay a dividend, but it returned -8.6% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (8 analysts). 8 analysts cover Skeena Resources Limited; the consensus is strong_buy, with an average price target of C$52.40 (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 97.3%** (YTD 40.4%, 3-mo 25.9%). The shares are up 97.3% over twelve months including dividends.
- **From 52-week high: -13.6%** (111.8% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 3.02** (volatility 61%). Beta of 3.02 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SKE.TO · Page: https://foliofundamentals.com/stocks/ske.to

Not investment advice.