Skeena Resources Ltd T.SKE

RBC

[Ridgeback]

- RBC Capital Markets said Wednesday that valuations for junior miners have declined 35% year to date to $29 per ounce, as dropping spot prices and rising cost inflation have created headwinds for the sector.

Given the pullback, RBC views potential for a slowdown in junior financing activity, with a deceleration in project advancement given re-evaluation of economics.

RBC sees potential support for developers with higher-quality projects in mining-friendly jurisdictions with access to capital and a viable path to production.

Junior gold miners in RBC's coverage include Artemis Gold Inc. (ARTG.V), i-80 Gold Corp. (IAU.TO), G Mining Ventures Corp. (GMIN.V) , Marathon Gold Corp. (MOZ.TO), Osisko Development Corp. (ODV.V), Osisko Mining Inc. (OSK.TO), Sabina Gold & Silver Corp. (SBB.TO) and Skeena Resources Ltd. (SKE.TO).

[metalhead666]

I own 4 of them...I-80, Marathon, Skeena and Artemis.  Love all 4.  I-80 has been pumping out some amazing results, Artemis is clearly going to be a big mine with 40% insider ownership...likely get bought out....Marathon is one final permit away from full construction of a terrific project and Skeena is a class act all around.