Skyharbour Resources (CVE:SYH) PT Set at C$1.02 by Fundamental Research

Skyharbour Resources (CVE:SYH) received a C$1.02 price objective from investment analysts at Fundamental Research in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price target suggests a potential upside of 172.00% from the company’s current price.

Skyharbour Resources Stock Performance

Shares of CVE SYH opened at C$0.38 on Tuesday. The firm has a 50 day moving average price of C$0.38 and a two-hundred day moving average price of C$0.39. The stock has a market cap of C$68.45 million, a P/E ratio of -18.75 and a beta of 1.84. Skyharbour Resources has a 52-week low of C$0.31 and a 52-week high of C$0.60.

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.