With 0.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.31 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $9.61 whereas the lowest price it dropped to was $9.195. The 52-week range on SKE shows that it touched its highest point at $10.33 and its lowest point at $3.29 during that stretch. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SKE was up-trending over the past week, with a rise of 9.40%, but this was up by 2.91% over a month. Three-month performance surged to 14.11% while six-month performance rose 42.81%. The stock gained 116.33% in the past year, while it has gained 9.40% so far this year.
Float and Shares Shorts:
At present, 107.36 million SKE shares are outstanding with a float of 86.51 million shares on hand for trading. On 2024-10-31, short shares totaled 3.82 million, which was 358.0 higher than short shares on 1727654400. In addition to Mr. Walter Coles Jr., BA as the firm’s Executive Chairman, Mr. Randall Reichert M.Sc., P.Eng. serves as its CEO, President, COO & Director.
Institutional Ownership:
Through their ownership of 0.74832 of SKE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SKE reported revenue of $0.0 and operating income of -$59261000.0. The EBITDA in the recently reported quarter was -$18118000.0 and diluted EPS was -$0.8.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SKE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.28386 being high and -$1.31636 being low. For SKE, this leads to a yearly average estimate of -$1.30011.
