Skeena Resources Limited $SKE Shares Purchased by Amundi

Amundi lifted its holdings in shares of Skeena Resources Limited (NYSE:SKE - Free Report) by 29.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,575,000 shares of the company's stock after acquiring an additional 355,700 shares during the quarter. Amundi owned 1.38% of Skeena Resources worth $15,340,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mackenzie Financial Corp increased its holdings in Skeena Resources by 4.3% in the fourth quarter. Mackenzie Financial Corp now owns 42,003 shares of the company's stock valued at $365,000 after buying an additional 1,742 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its holdings in Skeena Resources by 1.2% in the first quarter. Federation des caisses Desjardins du Quebec now owns 275,745 shares of the company's stock valued at $2,761,000 after buying an additional 3,325 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Skeena Resources by 6.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 68,480 shares of the company's stock valued at $597,000 after buying an additional 3,878 shares during the last quarter. PDT Partners LLC increased its holdings in Skeena Resources by 28.8% in the first quarter. PDT Partners LLC now owns 22,493 shares of the company's stock valued at $227,000 after buying an additional 5,023 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Skeena Resources by 2,067.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,809 shares of the company's stock valued at $51,000 after buying an additional 5,541 shares during the last quarter. 45.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on SKE. TD Securities began coverage on Skeena Resources in a report on Tuesday, August 12th. They issued a "buy" rating for the company. CIBC reissued an "outperform" rating on shares of Skeena Resources in a report on Thursday, May 22nd. Finally, Wall Street Zen lowered Skeena Resources from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to data from MarketBeat.com, Skeena Resources currently has a consensus rating of "Buy".

Skeena Resources Price Performance

SKE stock traded up $0.52 on Wednesday, reaching $17.88. The company's stock had a trading volume of 458,425 shares, compared to its average volume of 408,240. Skeena Resources Limited has a 52 week low of $7.32 and a 52 week high of $17.97. The company has a market capitalization of $2.05 billion, a P/E ratio of -16.40 and a beta of 1.26. The firm has a fifty day moving average of $15.87 and a two-hundred day moving average of $13.28.

Skeena Resources (NYSE:SKE - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.01). The company had revenue of $1.90 million during the quarter, compared to analyst estimates of $1.90 million. As a group, equities analysts expect that Skeena Resources Limited will post -0.98 EPS for the current fiscal year.

About Skeena Resources

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.