JPMorgan Chase & Co. Takes Position in Skeena Resources Limited (NYSE:SKE)

JPMorgan Chase & Co. acquired a new stake in Skeena Resources Limited (NYSE:SKE - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 521,630 shares of the company's stock, valued at approximately $4,549,000. JPMorgan Chase & Co. owned 0.48% of Skeena Resources at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SKE. Kohmann Bosshard Financial Services LLC purchased a new position in Skeena Resources in the fourth quarter valued at $31,000. FNY Investment Advisers LLC boosted its position in shares of Skeena Resources by 2,252.9% in the fourth quarter. FNY Investment Advisers LLC now owns 4,000 shares of the company's stock worth $34,000 after acquiring an additional 3,830 shares during the last quarter. Howland Capital Management LLC purchased a new stake in Skeena Resources during the fourth quarter worth approximately $96,000. Virtu Financial LLC acquired a new position in shares of Skeena Resources during the 3rd quarter valued at $113,000. Finally, Barclays PLC boosted its position in Skeena Resources by 130.6% during the 3rd quarter. Barclays PLC now owns 29,696 shares of the company's stock worth $251,000 after purchasing an additional 16,819 shares during the period. 45.15% of the stock is owned by hedge funds and other institutional investors.

Skeena Resources Stock Up 1.2 %

Shares of Skeena Resources stock traded up $0.15 during trading hours on Thursday, hitting $12.17. 69,396 shares of the company's stock traded hands, compared to its average volume of 376,557. Skeena Resources Limited has a twelve month low of $4.10 and a twelve month high of $12.76. The company has a market cap of $1.39 billion, a PE ratio of -8.83 and a beta of 1.22. The stock has a 50 day simple moving average of $10.33 and a 200-day simple moving average of $9.74.

Analyst Upgrades and Downgrades

Separately, Raymond James restated a "strong-buy" rating on shares of Skeena Resources in a research note on Friday, April 4th.

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.