Jane Street Group LLC lessened its holdings in Skeena Resources Limited (NYSE:SKE - Free Report) by 15.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 117,361 shares of the company's stock after selling 21,092 shares during the period. Jane Street Group LLC owned about 0.11% of Skeena Resources worth $1,020,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of SKE. Helikon Investments Ltd boosted its stake in shares of Skeena Resources by 316.1% in the 4th quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock valued at $77,873,000 after purchasing an additional 6,784,027 shares in the last quarter. Howland Capital Management LLC bought a new position in Skeena Resources in the 4th quarter valued at approximately $96,000. Sprott Inc. boosted its position in Skeena Resources by 5.1% in the fourth quarter. Sprott Inc. now owns 1,109,950 shares of the company's stock valued at $9,674,000 after buying an additional 54,242 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Skeena Resources during the fourth quarter worth $31,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Skeena Resources during the fourth quarter worth $1,342,000. Institutional investors and hedge funds own 45.15% of the company's stock.
Skeena Resources Stock Up 2.0%
Shares of SKE stock traded up $0.25 during trading hours on Wednesday, hitting $12.45. 298,226 shares of the company's stock traded hands, compared to its average volume of 391,275. The stock has a market cap of $1.42 billion, a PE ratio of -9.09 and a beta of 1.20. The stock's 50 day simple moving average is $11.28 and its 200 day simple moving average is $10.18. Skeena Resources Limited has a 12 month low of $4.10 and a 12 month high of $13.15.
Skeena Resources (NYSE:SKE - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.03). As a group, equities research analysts expect that Skeena Resources Limited will post -0.98 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. CIBC reiterated an "outperform" rating on shares of Skeena Resources in a research note on Thursday, May 22nd. Wall Street Zen lowered Skeena Resources from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Raymond James reaffirmed a "strong-buy" rating on shares of Skeena Resources in a research note on Friday, April 4th.
Check Out Our Latest Analysis on SKE
About Skeena Resources
(
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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