Quantbot Technologies LP Sells 27,722 Shares of Skeena Resources Limited (NYSE:SKE)

Quantbot Technologies LP cut its holdings in shares of Skeena Resources Limited (NYSE:SKE - Free Report) by 75.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,969 shares of the company's stock after selling 27,722 shares during the quarter. Quantbot Technologies LP's holdings in Skeena Resources were worth $78,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Skeena Resources by 5.6% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,156,738 shares of the company's stock valued at $10,046,000 after buying an additional 60,838 shares in the last quarter. Amundi raised its holdings in Skeena Resources by 9.8% during the 4th quarter. Amundi now owns 1,219,300 shares of the company's stock valued at $11,632,000 after acquiring an additional 109,300 shares during the period. PCJ Investment Counsel Ltd. lifted its position in shares of Skeena Resources by 11.9% during the fourth quarter. PCJ Investment Counsel Ltd. now owns 139,630 shares of the company's stock worth $1,213,000 after acquiring an additional 14,840 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Skeena Resources during the fourth quarter worth $1,342,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Skeena Resources in the fourth quarter worth $31,000. Institutional investors own 45.15% of the company's stock.

Skeena Resources Stock Down 8.2 %

Shares of NYSE:SKE traded down $0.80 during midday trading on Friday, reaching $8.95. 1,329,573 shares of the company traded hands, compared to its average volume of 359,896. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -6.53 and a beta of 1.22. Skeena Resources Limited has a 12 month low of $4.10 and a 12 month high of $11.74. The firm's fifty day moving average price is $10.22 and its two-hundred day moving average price is $9.51.

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.