Skeena Resources Limited (NYSE:SKE) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC decreased its stake in Skeena Resources Limited (NYSE:SKE - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,505,167 shares of the company's stock after selling 36,637 shares during the period. Skeena Resources accounts for about 2.7% of Goehring & Rozencwajg Associates LLC's holdings, making the stock its 12th biggest holding. Goehring & Rozencwajg Associates LLC owned 1.40% of Skeena Resources worth $13,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of SKE. Jane Street Group LLC raised its position in shares of Skeena Resources by 90.1% during the third quarter. Jane Street Group LLC now owns 138,453 shares of the company's stock worth $1,176,000 after purchasing an additional 65,627 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Skeena Resources during the third quarter worth $547,000. Helikon Investments Ltd increased its position in shares of Skeena Resources by 316.1% during the fourth quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock valued at $77,873,000 after buying an additional 6,784,027 shares during the period. Knoll Capital Management LLC increased 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 purchasing an additional 276,614 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of 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 in the last quarter. Institutional investors own 45.15% of the company's stock.

Skeena Resources Stock Down 0.9 %

Shares of NYSE SKE traded down $0.10 during trading on Wednesday, reaching $11.02. 357,077 shares of the company traded hands, compared to its average volume of 283,685. The stock has a market capitalization of $1.19 billion, a PE ratio of -8.04 and a beta of 1.29. The firm has a 50 day simple moving average of $9.58 and a 200-day simple moving average of $8.79. Skeena Resources Limited has a 52-week low of $3.29 and a 52-week high of $11.74.

Analyst Upgrades and Downgrades

Separately, Desjardins upgraded shares of Skeena Resources to a "moderate buy" rating in a research report on Thursday, October 31st.

Skeena Resources 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.