Analysts rate Skyharbour Resources with a consensus Strong Buy rating with a 12-month target price of CAD 1.02 per share

STA Research rates Skyharbour Resources  with a Buy  rating, with a $1 target on the company’s stock price.

Based on the Skyharbour Resources Ltd stock forecasts from 2 analysts, the average analyst target price for Skyharbour Resources Ltd is CAD 1.02 over the next 12 months. Skyharbour Resources Ltd.’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Skyharbour Resources Ltd is Slightly Bearish, which is based on 3 positive signals and 4 negative signals. At the last closing, Skyharbour Resources Ltd.’s stock price was CAD 0.78. Skyharbour Resources Ltd.’s stock price has changed by +0.01% over the past week, +0.26% over the past month and +97.47% over the last year.

Skyharbour Resources Ltd., a uranium and thorium exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Saskatchewan, Canada. The company was formerly known as Skyharbour Developments, Ltd. and changed its name to Skyharbour Resources Ltd. in October 2002. Skyharbour Resources Ltd. was incorporated in 1970 and is headquartered in Vancouver, Canada. Address: 777 Dunsmuir Street, Vancouver, BC, Canada.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers’ median on a price to book value basis.

Negative cash flow

The company had negative total cash flow in the most recent four quarters.