Ruffer LLP lowered its holdings in shares of Skeena Resources Limited (NYSE:SKE - Free Report) by 16.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,745,382 shares of the company's stock after selling 334,388 shares during the quarter. Ruffer LLP owned about 1.62% of Skeena Resources worth $15,177,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Amundi grew its holdings in Skeena Resources by 9.8% during the fourth quarter. Amundi now owns 1,219,300 shares of the company's stock valued at $11,632,000 after purchasing an additional 109,300 shares during the last quarter. PCJ Investment Counsel Ltd. boosted its holdings in shares of Skeena Resources by 11.9% during the 4th quarter. PCJ Investment Counsel Ltd. now owns 139,630 shares of the company's stock worth $1,213,000 after buying an additional 14,840 shares during the period. Raymond James Financial Inc. acquired a new position in Skeena Resources in the 4th quarter valued at $1,342,000. Kohmann Bosshard Financial Services LLC bought a new position in Skeena Resources in the 4th quarter worth $31,000. Finally, Sprott Inc. lifted its position in Skeena Resources by 5.1% during the 4th quarter. Sprott Inc. now owns 1,109,950 shares of the company's stock worth $9,674,000 after acquiring an additional 54,242 shares during the last quarter. Institutional investors and hedge funds own 45.15% of the company's stock.
Skeena Resources Stock Performance
Shares of NYSE:SKE traded up $0.36 during midday trading on Thursday, hitting $10.13. The company's stock had a trading volume of 274,253 shares, compared to its average volume of 295,753. Skeena Resources Limited has a fifty-two week low of $4.10 and a fifty-two week high of $11.74. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of -7.39 and a beta of 1.29. The stock's 50 day simple moving average is $9.97 and its 200 day simple moving average is $9.24.
About Skeena Resources
(
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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