Skeena Resources Ltd (SKE) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Skeena Resources Ltd (SKE) stock forecast summary
On Oct. 16, 2026, SKE is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
Skeena Resources Ltd is a mid-cap company with a market capitalization of $3.82B. It ranks number 16 by market capitalization among the 60 Gold and Silver Ores issuers in our coverage with a current forecast. Its ROE of -340.1% is the lowest of the 31 peers that report one.
For SKE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 20.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 23.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How SKE ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Skeena Resources Ltd (SKE) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Gold and Silver Ores peers listed below that report each metric. Statement values were filed in CAD and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | SKE | Rank |
|---|---|---|
| Market Cap | $3.82B | 16/60 |
| EPS | $-4.55 | – |
| FCF/Share | $-4.21 | – |
Profitability & Margins
| Metric | SKE | Rank |
|---|---|---|
| ROE | -340.1% | 31/31 |
| ROA | -70.3% | 27/29 |
Financial Health
| Metric | SKE | Rank |
|---|---|---|
| Current Ratio | 1.82x | 41/51 |
| D/E Ratio | 3.84x | 3/52 |
| Financial Leverage | 4.84x | 3/49 |
| Working Capital | $52M | 32/51 |
Cash Flow
| Metric | SKE | Rank |
|---|---|---|
| Operating Cash Flow | -$289M | 42/42 |
| Free Cash Flow | -$511M | 25/26 |
| Capital Spending | -$222M | 17/26 |
Income Statement
| Metric | SKE | Rank |
|---|---|---|
| Net Income | -$388M | 34/34 |
Dividend & Shareholder Information
| Metric | SKE | Rank |
|---|---|---|
| Shares Outstanding | 121M | – |
Balance Sheet Highlights (USD millions, converted from CAD)
| Total Current Assets | $116M | |
| Cash & Short-term Investments | $89M | |
| Accounts Receivable | $4M | |
| Total Liabilities | $445M |
SKE quarterly financials and insider trading
Skeena Resources Ltd (SKE) industry peers
Companies classified under the same SEC industry code as Skeena Resources Ltd (Gold and Silver Ores): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| SKE Skeena Resources Ltd | ▶ | $3.82B |
| NEM Newmont Corp /De/ | ▶ | $124.97B |
| AEM Agnico Eagle Mines Ltd | ▶ | $95.15B |
| WPM Wheaton Precious Metals Corp. | ▶ | $60.92B |
| FNV Franco Nevada Corp | ▶ | $46.99B |
| GFI Gold Fields Ltd | ▶ | $33.66B |
| KGC Kinross Gold Corp | ▼ | $28.82B |
| PAAS Pan American Silver Corp | ▶ | $18.65B |
| CDE Coeur Mining, Inc. | ▶ | $15.90B |
| AGI Alamos Gold Inc | ▼ | $13.49B |
| EQX Equinox Gold Corp. | ▶ | $12.97B |
| IAG Iamgold Corp | ▶ | $10.69B |
| EGO Eldorado Gold Corp /Fi | ▲ | $9.37B |
| AG First Majestic Silver Corp | ▲ | $7.85B |
| BTG B2gold Corp | ▶ | $7.12B |
| OR Or Royalties Inc. | ▶ | $6.65B |
| FSM Fortuna Mining Corp. | ▶ | $3.28B |
| NG Novagold Resources Inc | ▲ | $2.90B |
| TGB Trekor Metals Ltd | ▲ | $2.88B |
| SA Seabridge Gold Inc | ▶ | $2.80B |
| EXK Endeavour Silver Corp | ▲ | $2.43B |
| PPTA Perpetua Resources Corp. | ▲ | $2.40B |
| SVM Silvercorp Metals Inc | ▶ | $2.13B |
| SIND Sinda Ltd. | ▶ | $1.97B |
| SSMR Sunshine Silver Mining & Refining Co | ▼ | $1.66B |
| HYMC Hycroft Mining Holding Corp | ▶ | $1.60B |
| IAUX I-80 Gold Corp. | ▼ | $1.32B |
| GOLD Barrick Mining Corp | ▲ | $1.15B |
| SLSR Solaris Resources Inc. | ▶ | $1.14B |
| VZLA Vizsla Silver Corp. | ▲ | $1.13B |
| NEWP New Pacific Metals Corp | ▲ | $1.13B |
| ELE Elemental Royalty Corp | ▶ | $1.07B |
| CNL Collective Mining Ltd. | ▲ | $1.04B |
| HSLV Highlander Silver Corp. | ▲ | $1.02B |
| MUX Mcewen Inc. | ▲ | $996M |
| OGG Osisko Gold Group Inc. | ▶ | $814M |
| MTA Metalla Royalty & Streaming Ltd. | ▲ | $747M |
| GROY Gold Royalty Corp. | ▶ | $669M |
| NFGC New Found Gold Corp. | ▲ | $614M |
| CTGO Contango Silver & Gold Inc. | ▶ | $510M |
| NAK Northern Dynasty Minerals Ltd | ▲ | $495M |
| CMCL Caledonia Mining Corp Plc | ▶ | $454M |
| ITRG Integra Resources Corp. | ▲ | $442M |
| TMQ Trilogy Metals Inc. | ▶ | $428M |
| VGZ Vista Gold Corp | ▶ | $397M |
| IDR Idaho Strategic Resources, Inc. | ▲ | $345M |
| VOXR Vox Royalty Corp. | ▲ | $344M |
| URG Ur-Energy Inc | ▲ | $337M |
| TRX Trx Gold Corp | ▲ | $299M |
| SBMT Silver Bow Mining Corp. | ▶ | $217M |
| TII Titan Mining Corp | ▲ | $186M |
| GLDG Goldmining Inc. | ▶ | $172M |
| NVA Nova Minerals Corp | ▲ | $137M |
| FTCO Fortitude Gold Corp | ▼ | $133M |
| PLG Platinum Group Metals Ltd | ▲ | $129M |
| FURY Fury Gold Mines Ltd | ▲ | $95M |
| USGO U.S. Goldmining Inc. | ▲ | $78M |
| XPL Solitario Resources Corp. | ▲ | $49M |
| AUST Austin Gold Corp. | ▲ | $11M |
| CHNR China Natural Resources Inc | ▶ | $5M |
Where SKE sits on the market map
Skeena Resources Ltd (SKE) stock news
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Skeena Resources Ltd (SKE) stock forecast FAQ
What is the Skeena Resources Ltd (SKE) stock forecast?
On Oct. 16, 2026, SKE is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
How accurate are Skeena Resources Ltd stock predictions?
For SKE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 20.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 23.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Skeena Resources Ltd forecasts updated?
Skeena Resources Ltd forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Skeena Resources Ltd's industry peers?
60 issuers in our coverage, SKE included, share the SEC industry code Gold and Silver Ores. The largest are: Newmont Corp /De/ (NEM), Agnico Eagle Mines Ltd (AEM), Wheaton Precious Metals Corp. (WPM), Franco Nevada Corp (FNV), Gold Fields Ltd (GFI), Kinross Gold Corp (KGC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.