Skyharbour Resources (CVE:SYH) PT Set at C$1.21 by Fundamental Research

Skyharbour Resources (CVE:SYH) has been assigned a C$1.21 price objective by investment analysts at Fundamental Research in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 210.26% from the company’s previous close.

Skyharbour Resources Price Performance

Shares of CVE:SYH opened at C$0.39 on Tuesday. The company’s fifty day moving average is C$0.43 and its 200 day moving average is C$0.40. Skyharbour Resources has a 52 week low of C$0.31 and a 52 week high of C$0.60. The stock has a market cap of C$71.19 million, a PE ratio of -19.50 and a beta of 1.84.

About Skyharbour Resources

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada.