Shares of Skeena Resources Limited (NYSE:SKE - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $10.23 and last traded at $10.15, with a volume of 32024 shares. The stock had previously closed at $9.82.
Skeena Resources Stock Performance
The firm has a fifty day moving average price of $8.27 and a 200 day moving average price of $6.28. The stock has a market cap of $1.08 billion, a PE ratio of -9.04 and a beta of 1.37.
Skeena Resources (NYSE:SKE - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.22). On average, equities research analysts forecast that Skeena Resources Limited will post -0.8 earnings per share for the current year.
Institutional Trading of Skeena Resources
Several large investors have recently bought and sold shares of SKE. Goehring & Rozencwajg Associates LLC raised its holdings in shares of Skeena Resources by 22.8% in 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 during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Skeena Resources in the 2nd quarter worth $2,682,000. TD Asset Management Inc acquired a new stake in Skeena Resources during the 2nd quarter worth about $405,000. Marshall Wace LLP grew its stake in Skeena Resources by 318.8% during the 2nd quarter. Marshall Wace LLP now owns 172,952 shares of the company's stock valued at $929,000 after purchasing an additional 131,657 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Skeena Resources by 16.6% in the second quarter. Bank of Montreal Can now owns 313,185 shares of the company's stock valued at $1,681,000 after purchasing an additional 44,519 shares during the period. Hedge funds and other institutional investors own 45.15% of the company's stock.
About Skeena Resources
(
Get 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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