Skeena Resources Limited (NYSE:SKE - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $11.76 and last traded at $11.57, with a volume of 233459 shares. The stock had previously closed at $11.37.
Wall Street Analyst Weigh In
Separately, Raymond James restated a "strong-buy" rating on shares of Skeena Resources in a report on Friday, April 4th.
View Our Latest Report on SKE
Skeena Resources Trading Down 1.1 %
The business has a 50 day moving average price of $10.25 and a 200-day moving average price of $9.66. The company has a market cap of $1.41 billion, a P/E ratio of -9.01 and a beta of 1.22.
Institutional Trading of Skeena Resources
Large investors have recently added to or reduced their stakes in the company. Helikon Investments Ltd raised its holdings in shares of Skeena Resources by 316.1% in the 4th quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock valued at $77,873,000 after purchasing an additional 6,784,027 shares during the period. Invesco Ltd. lifted its position in shares of Skeena Resources by 4,414.9% in the fourth quarter. Invesco Ltd. now owns 783,964 shares of the company's stock valued at $6,836,000 after buying an additional 766,600 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Skeena Resources during the 4th quarter worth approximately $4,549,000. Raymond James Financial Inc. bought a new stake in Skeena Resources in the 4th quarter valued at $1,342,000. Finally, Bank of America Corp DE lifted its holdings in Skeena Resources by 80.3% during the 4th quarter. Bank of America Corp DE now owns 307,838 shares of the company's stock valued at $2,684,000 after purchasing an additional 137,134 shares during the last quarter. Institutional investors and hedge funds own 45.15% of the company's stock.
Skeena Resources Company Profile
(
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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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