Skyharbour Resources (CVE:SYH) Shares Up 16.7% - Should You Buy?

Skyharbour Resources Ltd. (CVE:SYH - Get Free Report) shot up 16.7% on Tuesday . The company traded as high as C$0.46 and last traded at C$0.46. 597,264 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 805,185 shares. The stock had previously closed at C$0.39.Get Skyharbour Resources alerts:Analyst Upgrades and DowngradesSeparately, Fundamental Research set a C$1.16 price target on Skyharbour Resources and gave the stock a "buy" rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$1.16.View Our Latest Research Report on Skyharbour ResourcesSkyharbour Resources Trading Up 16.7%The company has a market capitalization of C$93.62 million, a P/E ratio of 455.00 and a beta of 0.38. The stock's fifty day moving average is C$0.50 and its 200 day moving average is C$0.43. About Skyharbour Resources (Get Free Report)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. It also holds 100% interest in the South Falcon Point project; and the Moore Lake Uranium project comprising 12 claims totaling area of 35,705 located in Saskatchewan, Canada.Featured StoriesFive stocks we like better than Skyharbour ResourcesThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Skyharbour Resources Right Now?Before you consider Skyharbour Resources, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skyharbour Resources wasn't on the list.While Skyharbour Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here