Skeena Resources Limited (NYSE:SKE - Get Free Report)'s stock price shot up 4% during trading on Thursday . The stock traded as high as $10.17 and last traded at $10.16. 43,882 shares traded hands during trading, a decline of 85% from the average session volume of 290,777 shares. The stock had previously closed at $9.77.
Skeena Resources Trading Up 2.6 %
The firm's 50-day moving average is $10.00 and its 200 day moving average is $9.28. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of -7.63 and a beta of 1.29.
Institutional Trading of Skeena Resources
Institutional investors have recently modified their holdings of the business. Helikon Investments Ltd lifted its holdings in Skeena Resources by 316.1% during the 4th quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock worth $77,873,000 after buying an additional 6,784,027 shares during the period. Amundi increased its position 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 purchasing an additional 109,300 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in 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 worth $10,046,000 after purchasing an additional 60,838 shares during the last quarter. Sprott Inc. lifted its position in shares of Skeena Resources by 5.1% in the 4th quarter. Sprott Inc. now owns 1,109,950 shares of the company's stock worth $9,674,000 after purchasing an additional 54,242 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Skeena Resources by 4,414.9% in the 4th quarter. Invesco Ltd. now owns 783,964 shares of the company's stock valued at $6,836,000 after purchasing an additional 766,600 shares during the last quarter. Institutional investors own 45.15% of the company's stock.
About Skeena Resources
(
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.
Further Reading
Before you consider Skeena Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skeena Resources wasn't on the list.
While Skeena Resources currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.