SKE Basic Materials

Skeena Resources Limited

$26.81-1.32%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Country: Canada
Market cap: 3.4B USD
Enterprise value: 4.0B USD
Full-time employees: 170

Overall health

Not enough data: too little is reported yet for an overall view

Only 2 of 4 categories have enough reported data; an overall score needs at least 3.

See how it ranks against its peers

Worth knowing

Much more borrowing than peers. Debt is 6.6× equity vs a peer median of 0.4×.Debt is 6.6× equity vs peers 0.4×.
Debt is 6.6× shareholders' equity, against a peer median of 0.4×, among the highest 10% of its peer group.Debt is 6.6× shareholders' equity, vs peers 0.4×, among the highest 10% of its peer group.
Not profitable yet. Reported a loss in the 12 months to December 2025.
Skeena Resources reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.
More volatile share price. Beta 2.28: tends to move more than the market.
Skeena Resources's shares have swung more with the market than most peers' (beta 2.28, above the market's 1.0).

StockQuotient Score

—

Valuation

Is the price right?

8/100

Weak

3/3 inputs reported · High confidence

Since last year: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-4.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · CAD→USD at the current rateNegative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0364 · MAD: 0.0364

EBITDA yield-1.3%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 months · CAD→USD convertedNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.64Sector median: 0.0854 · MAD: 0.0520

Free cash flow yield-7.7%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · CAD→USD at the current rate · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0261 · MAD: 0.0261

Other data (not scored)

Book yield3.5%

SEC filings (IFRS mapped) · latest balance sheet · CAD→USD at the current rateOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.5947 · MAD: 0.3137

Growth

Is it growing?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Profitability

Does it earn well?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last year: No major change

Why

Weaker than most peers on:

▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta2.28

Yahoo Finance · 5-year monthly beta vs the marketOutlier capped at sector 5th/95th percentile33% base weight · Z-score -3.96Sector median: 0.6950 · MAD: 0.2810

Current ratio1.82×

SEC filings (IFRS mapped) · latest balance sheetReported value33% base weight · Z-score 0.08Sector median: 1.7610 · MAD: 0.6770

Debt / equity6.57×

Yahoo Finance fallback · no standard SEC debt tagOutlier capped at sector 5th/95th percentile33% base weight · Z-score -4.82Sector median: 0.3578 · MAD: 0.2929

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Skeena Resources

Is Skeena Resources getting weaker?: Its latest SEC filing (Mar 24, 2026) showed no major changes.
How is Skeena Resources valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,371 basic materials peers. Earnings yield -4.0% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -4.0% vs peers 3.6% (weaker than 100% of peers).
Is Skeena Resources growing?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How profitable is Skeena Resources?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How risky is Skeena Resources?: Higher risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Beta 2.28 vs a peer median of 0.69 (weaker than 100% of peers).Beta 2.28 vs peers 0.69 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Year ended Dec 31, 2025 · filed Mar 24, 2026 · compared with the year ended Dec 31, 2024

No major changes

	Previous year	Latest year	Change
Net income (12 months)	−151.9M CAD	−182.8M CAD	+20.3%
Free cash flow (12 months)	−130.1M CAD	−351.7M CAD	+170.3%
Cash	96.9M CAD	121.9M CAD	+25.7%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in CAD, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Return on assets (ROA)	-75.9%	-52.9%	-55.9%	-55.4%	-23.7%	▲ 32 pts
Return on equity (ROE)	-95.2%	-64.8%	-87.5%	-167.7%	-114.9%	▲ 53 pts
Current ratio	2.13×	2.40×	3.86×	1.44×	1.82×	▲ 26%

SKE price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Worth knowing

Much more borrowing than peers. Debt is 6.6× equity vs a peer median of 0.4×.Debt is 6.6× equity vs peers 0.4×.

Debt is 6.6× shareholders' equity, against a peer median of 0.4×, among the highest 10% of its peer group.Debt is 6.6× shareholders' equity, vs peers 0.4×, among the highest 10% of its peer group.

Not profitable yet. Reported a loss in the 12 months to December 2025.

Skeena Resources reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

More volatile share price. Beta 2.28: tends to move more than the market.

Skeena Resources's shares have swung more with the market than most peers' (beta 2.28, above the market's 1.0).

Questions investors ask about Skeena Resources

Is Skeena Resources getting weaker?

Its latest SEC filing (Mar 24, 2026) showed no major changes.

How is Skeena Resources valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,371 basic materials peers. Earnings yield -4.0% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -4.0% vs peers 3.6% (weaker than 100% of peers).

Is Skeena Resources growing?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How profitable is Skeena Resources?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How risky is Skeena Resources?

Higher risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Beta 2.28 vs a peer median of 0.69 (weaker than 100% of peers).Beta 2.28 vs peers 0.69 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Previous year

Latest year

Change

Net income (12 months)

−151.9M CAD

−182.8M CAD

+20.3%

Free cash flow (12 months)

−130.1M CAD

−351.7M CAD

+170.3%

Cash

96.9M CAD

121.9M CAD

+25.7%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Return on assets (ROA)

-75.9%

-52.9%

-55.9%

-55.4%

-23.7%

▲ 32 pts

Return on equity (ROE)

-95.2%

-64.8%

-87.5%

-167.7%

-114.9%

▲ 53 pts

Current ratio

2.13×

2.40×

3.86×

1.44×

1.82×

▲ 26%