TD Asset Management Inc lifted its holdings in shares of Skeena Resources Limited (NYSE:SKE - Free Report) by 28.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,285,382 shares of the company's stock after buying an additional 288,312 shares during the period. TD Asset Management Inc owned approximately 1.13% of Skeena Resources worth $12,959,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC raised its stake in shares of Skeena Resources by 6.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 478,500 shares of the company's stock worth $4,826,000 after buying an additional 27,500 shares in the last quarter. Bank of America Corp DE raised its holdings in Skeena Resources by 80.3% during the fourth quarter. Bank of America Corp DE now owns 307,838 shares of the company's stock worth $2,684,000 after purchasing an additional 137,134 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Skeena Resources in the fourth quarter valued at $1,342,000. JPMorgan Chase & Co. acquired a new position in shares of Skeena Resources during the 4th quarter worth $4,549,000. Finally, Two Sigma Advisers LP grew its stake in Skeena Resources by 51.4% in the 4th quarter. Two Sigma Advisers LP now owns 153,725 shares of the company's stock valued at $1,340,000 after acquiring an additional 52,200 shares during the last quarter. 45.15% of the stock is owned by institutional investors and hedge funds.
Skeena Resources Price Performance
Skeena Resources stock traded up $0.29 during trading on Friday, reaching $14.37. The company had a trading volume of 361,043 shares, compared to its average volume of 503,071. The stock's 50 day moving average price is $14.93 and its two-hundred day moving average price is $12.13. Skeena Resources Limited has a 12-month low of $5.63 and a 12-month high of $17.25.
Skeena Resources (NYSE:SKE - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.03). Sell-side analysts predict that Skeena Resources Limited will post -0.98 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms recently commented on SKE. Wall Street Zen lowered Skeena Resources from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. CIBC reissued an "outperform" rating on shares of Skeena Resources in a research note on Thursday, May 22nd. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Skeena Resources in a report on Friday, April 4th.
View Our Latest Stock Report on Skeena Resources
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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