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  5. SKE: I can't find any news to account for the almost 20% rise in share price today. [Skeena Resources Limited]
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Q: I can't find any news to account for the almost 20% rise in share price today. Can you see or have you heard anything?
Asked by David on December 14, 2023
5i Research Answer:

There was no news on SKE and there hasn't been news in nearly a month. It was a big move at 17%, but the stock has been very weak for two weeks, and the move only brings shares back to where they were two weeks ago. The markets had a huge day, gold was much higher and small caps have finally started to participate in the rally.