Skeena Resources Limited (NYSE:SKE - Get Free Report) was up 6% during mid-day trading on Tuesday . The stock traded as high as $9.62 and last traded at $9.60. Approximately 22,635 shares traded hands during trading, a decline of 89% from the average daily volume of 214,439 shares. The stock had previously closed at $9.06.
Analyst Ratings Changes
Separately, Desjardins raised shares of Skeena Resources to a "moderate buy" rating in a research note on Thursday, October 31st.
Check Out Our Latest Analysis on SKE
Skeena Resources Stock Performance
The company has a market capitalization of $1.04 billion, a P/E ratio of -7.07 and a beta of 1.27. The business has a fifty day moving average of $9.04 and a 200-day moving average of $8.22.
Institutional Trading of Skeena Resources
Several institutional investors and hedge funds have recently modified their holdings of SKE. FNY Investment Advisers LLC grew its position in Skeena Resources by 2,252.9% during the fourth quarter. FNY Investment Advisers LLC now owns 4,000 shares of the company's stock valued at $34,000 after buying an additional 3,830 shares during the period. Virtu Financial LLC purchased a new stake in shares of Skeena Resources during the 3rd quarter worth approximately $113,000. Barclays PLC raised its holdings in shares of Skeena Resources by 130.6% in the 3rd quarter. Barclays PLC now owns 29,696 shares of the company's stock worth $251,000 after purchasing an additional 16,819 shares during the period. Geode Capital Management LLC purchased a new position in Skeena Resources in the third quarter valued at approximately $335,000. Finally, XTX Topco Ltd bought a new position in Skeena Resources during the third quarter valued at $215,000. 45.15% of the stock is owned by hedge funds and other institutional investors.
Skeena Resources Company Profile
(
Get 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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