Edmond DE Rothschild Holding S.A. Sells 31,941 Shares of Skeena Resources Limited (NYSE:SKE)

Edmond DE Rothschild Holding S.A. cut its stake in Skeena Resources Limited (NYSE:SKE - Free Report) by 21.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 119,151 shares of the company's stock after selling 31,941 shares during the quarter. Edmond DE Rothschild Holding S.A. owned approximately 0.11% of Skeena Resources worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SKE. Sprott Inc. raised its holdings in shares of Skeena Resources by 5.1% during the 4th quarter. Sprott Inc. now owns 1,109,950 shares of the company's stock valued at $9,674,000 after purchasing an additional 54,242 shares in the last quarter. Jane Street Group LLC raised its holdings in Skeena Resources by 90.1% during the third quarter. Jane Street Group LLC now owns 138,453 shares of the company's stock valued at $1,176,000 after buying an additional 65,627 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Skeena Resources during the third quarter valued at about $547,000. Helikon Investments Ltd boosted its stake in shares of Skeena Resources by 316.1% during the 4th quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock worth $77,873,000 after acquiring an additional 6,784,027 shares in the last quarter. Finally, Amundi increased its holdings in shares of Skeena Resources by 9.8% during the 4th quarter. Amundi now owns 1,219,300 shares of the company's stock valued at $11,632,000 after acquiring an additional 109,300 shares during the last quarter. 45.15% of the stock is currently owned by hedge funds and other institutional investors.

Skeena Resources Price Performance

SKE traded down $0.80 on Friday, hitting $8.95. The company had a trading volume of 1,329,573 shares, compared to its average volume of 359,896. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -6.53 and a beta of 1.22. The company's fifty day moving average price is $10.22 and its 200 day moving average price is $9.51. Skeena Resources Limited has a 1-year low of $4.10 and a 1-year high of $11.74.

Skeena Resources Company Profile

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.