U S Global Investors Inc. Has $170,000 Holdings in Skeena Resources Limited (NYSE:SKE)

U S Global Investors Inc. reduced its holdings in Skeena Resources Limited (NYSE:SKE - Free Report) by 73.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 20,000 shares of the company's stock after selling 55,000 shares during the quarter. U S Global Investors Inc.'s holdings in Skeena Resources were worth $170,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Pinnacle Wealth Management Group Inc. acquired a new position in Skeena Resources during the 3rd quarter worth about $110,000. Nokomis Capital L.L.C. acquired a new position in shares of Skeena Resources in the first quarter worth approximately $155,000. Mackenzie Financial Corp bought a new stake in Skeena Resources in the second quarter valued at approximately $179,000. Knoll Capital Management LLC acquired a new stake in Skeena Resources during the 1st quarter valued at approximately $179,000. Finally, Corundum Trust Company INC bought a new position in Skeena Resources during the 2nd quarter worth approximately $350,000. Institutional investors own 45.15% of the company's stock.

Skeena Resources Stock Performance

Shares of NYSE:SKE traded down $0.01 during trading on Tuesday, reaching $10.12. The stock had a trading volume of 300,375 shares, compared to its average volume of 310,379. Skeena Resources Limited has a 52 week low of $3.05 and a 52 week high of $10.33. The firm's fifty day moving average is $8.33 and its 200 day moving average is $6.32. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of -9.95 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 analysts' consensus estimates of ($0.06) by ($0.22). On average, research analysts forecast that Skeena Resources Limited will post -0.8 earnings per share for the current fiscal year.

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.