Skeena Resources Limited reported its financial results for the fourth quarter and full year ended December 31, 2024. As a development-stage company, Skeena reported no operating revenue for the period. The company's financial performance reflects its ongoing investment in the Eskay Creek Gold-Silver Project.
For the full year ended December 31, 2024, Skeena reported an annual net income of -$151.94 million. The company also recorded an annual operating cash flow of -$127.90 million. These figures are characteristic of a company heavily investing in future production capabilities rather than generating immediate profits.
The financial statements, management's discussion and analysis, and annual information form are available on Skeena's website and regulatory profiles. These documents provide further details on the company's financial position and development progress. The negative profitability and cash flow are expected as the company advances its flagship project towards commercial production.
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