Skeena Resources Limited (NYSE:SKE - Get Free Report)'s share price was up 9.4% during trading on Wednesday . The company traded as high as $11.04 and last traded at $11.25. Approximately 39,333 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 239,671 shares. The stock had previously closed at $10.28.
Wall Street Analyst Weigh In
Separately, Desjardins raised shares of Skeena Resources to a "moderate buy" rating in a research note on Thursday, October 31st.
Check Out Our Latest Report on Skeena Resources
Skeena Resources Trading Down 3.9 %
The business has a fifty day moving average price of $9.46 and a two-hundred day moving average price of $8.65. The company has a market cap of $1.19 billion, a price-to-earnings ratio of -8.06 and a beta of 1.29.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in SKE. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Skeena Resources during the 4th quarter valued at $31,000. FNY Investment Advisers LLC increased its position in Skeena Resources by 2,252.9% in the 4th quarter. FNY Investment Advisers LLC now owns 4,000 shares of the company's stock worth $34,000 after purchasing an additional 3,830 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Skeena Resources in the 3rd quarter valued at approximately $43,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Skeena Resources in the 3rd quarter valued at approximately $93,000. Finally, Howland Capital Management LLC acquired a new position in Skeena Resources in the fourth quarter worth approximately $96,000. Institutional investors and hedge funds own 45.15% of the company's stock.
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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