Catalysts To Watch For As $SYH.v Approaches Resistance Since shares of Skyharbour Resources (TSXV: SYH) broke above a long-standing pennant, shares have managed to gain over 29%. Shares are currently on their way to retest historic resistance at $.79.
There are going to be a few catalysts to keep an eye out for as shares approach resistance.
On March 1st, Skyharbour commenced its winter drill program at the Moore Uranium Project in Saskatchewan. The property is 100% owned by Skyharbour, so positive testing results from the company’s drilling will be big news.
Skyharbour’s partner, Azincourt Energy, also provided updates on the ongoing 2022 exploration program at the East Preston Uranium Project on March 1st. The company has targetted multiple drill holes to focus its efforts around, and additional drilling and sample analyses are underway. Skyharbour is a 30% stakeholder in the project, so strong news on operations will be good, however not as impactful as the Moore project.
$SYH.v is currently trading at $.7 and is valued at $92.61 million.