Can Skeena Resources Limited (SKE) Climb 28.84% to Reach the Level Wall Street Analysts Expect?

Core Viewpoint - Skeena Resources Limited (SKE) shares have increased by 5.7% recently, closing at $10.09, with a potential upside of 28.8% based on Wall Street analysts' mean price target of $13 [1] Price Targets and Estimates - The average price target consists of seven estimates ranging from a low of $10.06 to a high of $14.63, with a standard deviation of $1.73, indicating variability among analysts [2] - The lowest estimate suggests a minor decline of 0.3%, while the highest indicates a potential upside of 45% [2] - Analysts' price targets should be approached with caution, as their reliability has been questioned [3][7] Earnings Estimates and Analyst Agreement - Analysts are optimistic about SKE's earnings, with a consensus indicating better-than-previously estimated earnings, which historically correlates with stock price increases [4][11] - Over the past 30 days, the Zacks Consensus Estimate for the current year has risen by 1.8%, with one estimate increasing and no negative revisions [12] Zacks Rank and Investment Potential - SKE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for upside [13]