Jane Street Group LLC Sells 21,092 Shares of Skeena Resources Limited (NYSE:SKE)

Jane Street Group LLC cut its holdings in Skeena Resources Limited (NYSE:SKE - Free Report) by 15.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,361 shares of the company's stock after selling 21,092 shares during the quarter. Jane Street Group LLC owned 0.11% of Skeena Resources worth $1,020,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in Skeena Resources in the 4th quarter valued at approximately $31,000. Tower Research Capital LLC TRC lifted its holdings in shares of Skeena Resources by 2,067.5% during the 4th 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 period. Aquatic Capital Management LLC bought a new position in shares of Skeena Resources during the 4th quarter valued at $89,000. Howland Capital Management LLC bought a new position in shares of Skeena Resources during the 4th quarter valued at $96,000. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of Skeena Resources by 30.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 16,523 shares of the company's stock valued at $144,000 after buying an additional 3,878 shares during the period. 45.15% of the stock is owned by institutional investors.

Skeena Resources Price Performance

NYSE SKE opened at $12.47 on Friday. The business's fifty day moving average price is $11.17 and its 200-day moving average price is $10.10. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of -9.10 and a beta of 1.20. Skeena Resources Limited has a 1-year low of $4.10 and a 1-year 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) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). Equities research analysts anticipate that Skeena Resources Limited will post -0.98 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on SKE shares. Raymond James reissued a "strong-buy" rating on shares of Skeena Resources in a report on Friday, April 4th. Wall Street Zen cut Skeena Resources from a "hold" rating to a "sell" rating in a report on Thursday.

Skeena Resources Company Profile

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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