Ingalls & Snyder LLC lowered its stake in Skeena Resources Limited (NYSE:SKE - Free Report) by 25.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 150,000 shares of the company's stock after selling 50,000 shares during the quarter. Ingalls & Snyder LLC owned about 0.14% of Skeena Resources worth $1,308,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Helikon Investments Ltd lifted its holdings in Skeena Resources by 316.1% in the 4th quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock valued at $77,873,000 after acquiring an additional 6,784,027 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Skeena Resources by 207.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,095,900 shares of the company's stock valued at $9,309,000 after acquiring an additional 739,550 shares during the last quarter. Van ECK Associates Corp raised its holdings in Skeena Resources by 16.1% during the 3rd quarter. Van ECK Associates Corp now owns 5,012,498 shares of the company's stock worth $42,406,000 after buying an additional 693,745 shares during the period. Knoll Capital Management LLC boosted its holdings in shares of Skeena Resources by 713.2% in the third quarter. Knoll Capital Management LLC now owns 315,400 shares of the company's stock worth $2,668,000 after buying an additional 276,614 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of Skeena Resources by 90.1% in the third quarter. Jane Street Group LLC now owns 138,453 shares of the company's stock worth $1,176,000 after buying an additional 65,627 shares during the period. Institutional investors and hedge funds own 45.15% of the company's stock.
Analyst Ratings Changes
Separately, Desjardins upgraded shares of Skeena Resources to a "moderate buy" rating in a report on Thursday, October 31st.
Get Our Latest Research Report on SKE
Skeena Resources Trading Down 0.1 %
Shares of SKE traded down $0.02 during midday trading on Monday, hitting $10.85. The stock had a trading volume of 507,613 shares, compared to its average volume of 281,497. Skeena Resources Limited has a fifty-two week low of $3.29 and a fifty-two week high of $11.74. The business has a 50-day simple moving average of $9.71 and a two-hundred day simple moving average of $8.91. The firm has a market cap of $1.17 billion, a P/E ratio of -7.92 and a beta of 1.29.
Skeena Resources Profile
(
Free Report)
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.
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