Sprott Inc. boosted its holdings in Skeena Resources Limited (NYSE:SKE - Free Report) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,109,950 shares of the company's stock after buying an additional 54,242 shares during the quarter. Sprott Inc. owned approximately 1.03% of Skeena Resources worth $9,674,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the business. Helikon Investments Ltd raised its stake in shares of Skeena Resources by 316.1% during the fourth quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock valued at $77,873,000 after acquiring an additional 6,784,027 shares during the last quarter. Van ECK Associates Corp increased its holdings in Skeena Resources by 16.1% in the third quarter. Van ECK Associates Corp now owns 5,012,498 shares of the company's stock valued at $42,406,000 after purchasing an additional 693,745 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in Skeena Resources by 207.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,095,900 shares of the company's stock worth $9,309,000 after purchasing an additional 739,550 shares during the last quarter. Knoll Capital Management LLC lifted its holdings in Skeena Resources by 713.2% during the 3rd quarter. Knoll Capital Management LLC now owns 315,400 shares of the company's stock worth $2,668,000 after buying an additional 276,614 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Skeena Resources by 90.1% in the 3rd quarter. Jane Street Group LLC now owns 138,453 shares of the company's stock valued at $1,176,000 after buying an additional 65,627 shares during the last quarter. 45.15% of the stock is currently owned by institutional investors and hedge funds.
Skeena Resources Stock Performance
Shares of SKE stock traded up $0.18 on Friday, hitting $9.88. The company had a trading volume of 280,469 shares, compared to its average volume of 298,492. The firm has a market cap of $1.06 billion, a P/E ratio of -7.21 and a beta of 1.29. The stock's 50-day moving average is $9.88 and its two-hundred day moving average is $9.13. Skeena Resources Limited has a twelve month low of $3.50 and a twelve month high of $11.74.
Skeena Resources Company Profile
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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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