Jane Street Group LLC grew its holdings in Skeena Resources Limited (NYSE:SKE - Free Report) by 90.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 138,453 shares of the company's stock after purchasing an additional 65,627 shares during the quarter. Jane Street Group LLC owned about 0.13% of Skeena Resources worth $1,176,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in SKE. Allspring Global Investments Holdings LLC bought a new position in Skeena Resources during the second quarter worth $2,682,000. TD Asset Management Inc bought a new position in Skeena Resources in the second quarter worth $405,000. Goehring & Rozencwajg Associates LLC boosted its stake in Skeena Resources by 22.8% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,470,600 shares of the company's stock worth $7,888,000 after buying an additional 273,300 shares in the last quarter. Bank of Montreal Can boosted its stake in Skeena Resources by 16.6% during the second quarter. Bank of Montreal Can now owns 313,185 shares of the company's stock worth $1,681,000 after buying an additional 44,519 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in Skeena Resources by 318.8% in the 2nd quarter. Marshall Wace LLP now owns 172,952 shares of the company's stock valued at $929,000 after buying an additional 131,657 shares during the period. 45.15% of the stock is currently owned by institutional investors.
Skeena Resources Price Performance
Shares of SKE traded down $0.58 during trading hours on Monday, hitting $8.71. The stock had a trading volume of 246,119 shares, compared to its average volume of 313,487. The stock has a market capitalization of $935.14 million, a price-to-earnings ratio of -6.36 and a beta of 1.26. The company's fifty day moving average is $9.20 and its two-hundred day moving average is $7.86. Skeena Resources Limited has a 52 week low of $3.29 and a 52 week high of $10.33.
Wall Street Analysts Forecast Growth
Separately, Desjardins raised shares of Skeena Resources to a "moderate buy" rating in a research note on Thursday, October 31st.
View Our Latest Report on SKE
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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