What insider transactions or insider ownership changes were reported for the quarter?

Insider Activity – Quarter‑End Summary

The SKE Q2‑2025 press release and its accompanying MD&A do not disclose any insider purchases, sales, option exercises, or changes to insider ownership for the quarter ended June 30, 2025. No material “insider transaction” or “change in control” filing was highlighted in the filing, and the company’s SEDAR/EDGAR filings for the period contain no supplemental insider‑ownership disclosures. In other words, the company reported no significant insider transactions during the quarter.

Trading Implications

The absence of insider buying or selling removes a common “signal” that investors often use to gauge insider confidence. With no insider activity to weigh, the focus should shift to the company’s fundamentals and the market’s reaction to the earnings numbers. Skeena’s Q2 results (which were not detailed in the excerpt) will drive the next price move; traders should watch the price action for breakouts relative to the 20‑day EMA and the 50‑day SMA. If the stock trades above its 200‑day moving average on strong volume, it suggests bullish momentum that could compensate for the lack of insider “buy‑the‑rumor” support. Conversely, a failure to hold the 20‑day EMA coupled with a bearish divergence on the MACD may indicate weakening momentum despite the neutral insider backdrop.

Actionable Take‑away

Because no insider activity is reported, treat the earnings release as the primary catalyst. If the earnings beat and guidance remain positive, consider entering a long position on a breakout above recent resistance (e.g., the $0.85‑$0.90 range) with a stop‑loss just below the 20‑day EMA. If the market reacts negatively—e.g., the stock breaks below its 20‑day EMA with increasing volume—consider a short‑term defensive position or tighten stops. Keep an eye on upcoming SEDAR/SEC filings for any late‑quarter insider disclosures that could alter sentiment.