Public Employees Retirement System of Ohio Takes Position in Skeena Resources Limited (NYSE:SKE)

Public Employees Retirement System of Ohio purchased a new position in Skeena Resources Limited (NYSE:SKE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,544 shares of the company's stock, valued at approximately $170,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SKE. Howland Capital Management LLC acquired a new position in Skeena Resources during the fourth quarter worth $96,000. Sprott Inc. increased its position in shares of Skeena Resources by 5.1% during the 4th quarter. Sprott Inc. now owns 1,109,950 shares of the company's stock worth $9,674,000 after purchasing an additional 54,242 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Skeena Resources during the 4th quarter worth about $31,000. Raymond James Financial Inc. bought a new position in Skeena Resources during the 4th quarter valued at about $1,342,000. Finally, PCJ Investment Counsel Ltd. boosted its position in Skeena Resources by 11.9% in the fourth quarter. PCJ Investment Counsel Ltd. now owns 139,630 shares of the company's stock valued at $1,213,000 after buying an additional 14,840 shares in the last quarter. Institutional investors own 45.15% of the company's stock.

Skeena Resources Trading Up 1.1%

NYSE SKE traded up $0.15 on Monday, hitting $14.38. 227,355 shares of the company were exchanged, compared to its average volume of 392,680. Skeena Resources Limited has a 1-year low of $4.10 and a 1-year high of $15.20. The firm has a 50 day moving average of $11.79 and a two-hundred day moving average of $10.49. The company has a market cap of $1.64 billion, a P/E ratio of -10.50 and a beta of 1.19.

Skeena Resources (NYSE:SKE - Get Free Report) last announced its earnings results 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). Research analysts anticipate that Skeena Resources Limited will post -0.98 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SKE has been the subject of several recent analyst reports. CIBC reaffirmed an "outperform" rating on shares of Skeena Resources in a report on Thursday, May 22nd. Raymond James restated a "strong-buy" rating on shares of Skeena Resources in a research report on Friday, April 4th. Finally, Wall Street Zen downgraded Skeena Resources from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd.

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.