Skeena Resources Future Growth

Future criteria checks 2/6

Skeena Resources is forecast to grow earnings and revenue by 67.1% and 83.3% per annum respectively. EPS is expected to grow by 62.6% per annum. Return on equity is forecast to be -7.1% in 3 years.

Key information

67.1%

Earnings growth rate

62.6%

EPS growth rate

Metals and Mining earnings growth	29.7%
Revenue growth rate	83.3%
Future return on equity	-7.1%
Analyst coverage	Low
Last updated	28 Mar 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:SKE - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1	-37	-287	-19	2
12/31/2024	1	-16	-99	-38	3
12/31/2023	N/A	-109	-114	-91	N/A
9/30/2023	N/A	-92	-97	-81	N/A
6/30/2023	N/A	-81	-105	-85	N/A
3/31/2023	N/A	-87	-115	-96	N/A
12/31/2022	N/A	-89	-113	-93	N/A
9/30/2022	N/A	-105	-128	-103	N/A
6/30/2022	N/A	-105	-111	-103	N/A
3/31/2022	N/A	-107	-118	-108	N/A
12/31/2021	N/A	-118	-136	-124	N/A
9/30/2021	N/A	-121	-131	-123	N/A
6/30/2021	N/A	-110	-126	-116	N/A
3/31/2021	N/A	-85	-100	-92	N/A
12/31/2020	N/A	-60	-73	-66	N/A
9/30/2020	N/A	-38	-40	-37	N/A
6/30/2020	N/A	-29	-22	-22	N/A
3/31/2020	N/A	-31	-16	-16	N/A
12/31/2019	N/A	-27	-10	-10	N/A
9/30/2019	N/A	-18	-11	-11	N/A
6/30/2019	N/A	-12	-11	-11	N/A
3/31/2019	N/A	-14	-15	-15	N/A
12/31/2018	N/A	-16	-15	-15	N/A
9/30/2018	N/A	-14	-15	-14	N/A
6/30/2018	N/A	-15	-15	-14	N/A
3/31/2018	N/A	-11	-11	-10	N/A
12/31/2017	N/A	-10	-12	-11	N/A
9/30/2017	N/A	-8	N/A	-10	N/A
6/30/2017	N/A	-13	N/A	-13	N/A
3/31/2017	N/A	-15	N/A	-13	N/A
12/31/2016	N/A	-14	N/A	-12	N/A
9/30/2016	N/A	-13	N/A	-10	N/A
6/30/2016	N/A	-10	N/A	-9	N/A
3/31/2016	N/A	-7	N/A	-9	N/A
12/31/2015	N/A	-7	N/A	-9	N/A
9/30/2015	N/A	-8	N/A	-8	N/A
6/30/2015	N/A	-3	N/A	-3	N/A
3/31/2015	N/A	-4	N/A	-2	N/A
12/31/2014	N/A	-3	N/A	-2	N/A
9/30/2014	N/A	-1	N/A	0	N/A
6/30/2014	N/A	-1	N/A	0	N/A
3/31/2014	N/A	0	N/A	0	N/A
12/31/2013	N/A	0	N/A	0	N/A
9/30/2013	N/A	0	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SKE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SKE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SKE's revenue (83.3% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: SKE's revenue (83.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SKE is forecast to be unprofitable in 3 years.

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Skeena Resources Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 58%

Forecast to breakeven in 2026

Consensus revenue estimates increase by 23%, EPS downgraded

Consensus EPS estimates fall by 37%

Consensus EPS estimates fall by 36%

Consensus EPS estimates upgraded to CA$0.25 loss

Recent updates

Skeena Resources Limited, Annual General Meeting, Jun 17, 2024

Consensus EPS estimates fall by 58%

New minor risk - Profitability

Skeena Resources Limited Announces All Drilling Results from the 2023 Exploration Drilling Program At the Eskay Creek Gold-Silver Project in the Golden Triangle of Northwest British Columbia

Forecast to breakeven in 2026

Skeena Resources Limited announced that it has received CAD 10.736788 million in funding

Skeena Resources Limited announced that it expects to receive CAD 10.436711 million in funding

CEO, President exercised options to buy CA$444k worth of stock.

CEO, President recently sold CA$165k worth of stock

Consensus revenue estimates increase by 23%, EPS downgraded

Skeena Resources Limited Completes Positive Definitive Feasibility Study for Eskay Creek

Executive Chairman recently sold CA$81k worth of stock

Executive Chairman recently sold CA$182k worth of stock

Skeena Resources Limited Provides Regional Exploration Update on 100% Owned KSP Property

Skeena Resources Limited Increases Indicated Resource at Snip to 823,000 Gold Ounces Representing a 237% Increase

Consensus EPS estimates fall by 37%

Keena Resources Limited Provides an Update on Several Near-Term Catalysts Expected to Drive Growth At Its 100% Owned Eskay Creek and Snip Projects

Skeena Resources Limited (TSX:SKE) acquired 5 Mining Claims from Eskay Mining Corp. (TSXV:ESK) for CAD 4 million.

Skeena Resources Limited (TSX:SKE) acquired 5 Mining Claims from Eskay Mining Corp. (TSXV:ESK) for CAD 4 million.

Skeena Resources Limited Announces Board Changes

Skeena Announces Positive Decision on its Application for Leave to Appeal Involving Albino Lake Storage Facility

Consensus EPS estimates fall by 36%

Consensus EPS estimates upgraded to CA$0.25 loss

CEO, President recently sold CA$362k worth of stock

Executive Chairman recently sold CA$344k worth of stock

Executive Chairman recently sold CA$344k worth of stock

Consensus revenue estimates increase by 307%

Executive Chairman recently sold CA$321k worth of stock

Independent Director exercised options and sold CA$126k worth of stock

Skeena Resources Limited (TSX:SKE) acquired Eskay North Properties from Tudor Gold Corp. (TSXV:TUD).

Skeena Resources Limited Announces Signing of Eskay Creek Process Charter

Skeena Resources Limited Appoints Shane Williams as Chief Operating Officer

Skeena Resources Limited Enhances 22 Zone with Newly Discovered Mineralization Intersecting 2.85 G/T AuEq over 16.56 Metres

Skeena Encounters Additional Mineralization in 23 Zone Intersecting 1.05 g/t AuEq over 79.97 Metres

Skeena Resources Limited Announces Discovery of New Rhyolite-Hosted Mineralization Located East of 22 Zone

Skeena Resources Limited Announces High-Grade In-Pit Extension of 21A West Zone Intersecting 7.91 g/t AuEq over 17.20 Metres

No longer forecast to breakeven

Skeena Intersects High-Grade In-Pit Mineralization in 21A West Zone Averaging 22.38 G/T Aueq over 24.00 Metres

Skeena Resources Limited Extends Eskay Creek Rift with New Discovery Intersecting 4.46 g/t AuEq over 32.19 Metres

Skeena Resources Limited Appoints Walter Coles as Executive Chairman of Board of Directors

Skeena Resources Limited Announces Drilling Results from the 2022 Regional and Near Mine Exploration Programs At the Eskay Creek Gold-Silver Project

Skeena Resources Limited Establishes 21A West Zone Continuity At Eskay Creek with 2.27 g/t AuEq over 50.00 Metres

Price target decreased to CA$16.67

Skeena Resources Limited Announces the Results of the Feasibility Study for the Eskay Creek Gold-Silver Project Located in the Golden Triangle of British Columbia

Skeena Resources Limited Announces the Results of the Feasibility Study for the Eskay Creek Gold-Silver Project Located in the Golden Triangle of British Columbia

Skeena Resources Limited Announces Multiple 21A West Zone Expansions at Eskay Creek Including 48.48 g/t AuEq over 12.12 metres

Price target decreased to CA$17.50

CEO & Director recently bought CA$64k worth of stock

CEO & Director recently bought CA$64k worth of stock

CEO & Director recently bought CA$65k worth of stock

Skeena Resources Limited Announces Groundbreaking Agreement Between Province and Tahltan Central Government Provides Further Certainty for Eskay Creek

Newmont Corporation (NYSE:NEM) acquired Certain properties located in Tahltan Territory from Skeena Resources Limited (TSX:SKE) for CAD 27 million.

Independent Chairman of the Board recently sold CA$92k worth of stock

CEO & Director recently bought CA$376k worth of stock

President recently bought CA$376k worth of stock

Skeena Resources Limited, Annual General Meeting, Jun 22, 2022

Skeena Resources Limited (TSX:SKE) signed a binding agreement to acquire remaining 86% stake in QuestEx Gold & Copper Ltd. (TSXV:QEX) from Newmont Corporation (NYSE:NEM), Delbrook Capital Advisors Inc and others for CAD 41.3 million.

Skeena Resources Limited (TSX:SKE) signed a binding agreement to acquire remaining 86% stake in QuestEx Gold & Copper Ltd. (TSXV:QEX) from Newmont Corporation (NYSE:NEM), Delbrook Capital Advisors Inc and others for CAD 41.3 million.

Chief Financial Officer recently sold CA$165k worth of stock

President recently sold CA$2.3m worth of stock

Skeena Resources Limited Appoints Randy Reichert as President, Effective April 2022

Skeena Announces Expansion of New 23 Zone At Eskay Creek

Skeena Announces Discovery of New 23 Zone At Eskay Creek: 2.33 G/T Aueq over 59.91 Metres and 1.08 G/T Aueq over 90.00 Metres

Skeena Resources Limited announced that it has received CAD 30.906519 million in funding from Franco-Nevada Corporation

President recently sold CA$51k worth of stock

Skeena Resources Limited announced that it expects to receive CAD 30.906519 million in funding from Franco-Nevada Corporation

President recently sold CA$142k worth of stock

High number of new and inexperienced directors

Independent Director recently bought CA$312k worth of stock