Skeena Resources Ltd
SKE · Gold and Silver Ores · EDGAR filings ↗
Grade
D50Pre-revenue gold/silver developer funding mine construction with negative returns and short runway.
Strengths
- ~$89M cash and current ratio 1.8; advancing a permitted gold project
- Net loss narrowed (net income growth 52nd pct)
Risks
- ROE -1.15 and ROA -24%; massive negative FCF (-$257M, 5th pct) with ~1.4 quarters runway
- Pre-production, capital-dependent miner reliant on continued equity/debt financing
Notable findings
- Cash burnNegative free cash flow (-256.9M)
Key metrics
Return on equity
-114.9%
Return on assets
-23.7%
Current ratio
1.8×
Free cash flow
-$257M
Tangible book value
$116M
Cash & investments
$89M
Cash runway
1q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-24 | 2025-12-31 | 0001104659-26-033959 ↗ |
| 40-F | 2025-03-31 | 2024-12-31 | 0001558370-25-004177 ↗ |
| 40-F | 2024-04-01 | 2023-12-31 | 0001558370-24-004512 ↗ |
| 40-F | 2023-03-22 | 2022-12-31 | 0001558370-23-004320 ↗ |
| 40-F | 2022-03-31 | 2021-12-31 | 0001558370-22-004964 ↗ |