Desjardins raised its price target on Skeena Resources Ltd. (SKE.TO, SKE) to $50 from $39.
Analyst Allison Carson maintained a Buy rating on shares of the Vancouver-based precious metals mining company.
"Skeena announced today that it has received its BC Environmental Assessment Certificate along with the federal impact statement," Carson said in a note to clients.
"We view today's news as a positive milestone and major de-risking event for the company, which has been laser focused on permitting for the past several years," the analyst said.
"Over 2026, we expect Skeena to continue to re-rate as it moves up the Lassonde curve by progressing through development."
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)