Raymond James Financial Inc. bought a new stake in shares of Skeena Resources Limited (NYSE:SKE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 153,898 shares of the company's stock, valued at approximately $1,342,000. Raymond James Financial Inc. owned 0.14% of Skeena Resources as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of SKE. Kohmann Bosshard Financial Services LLC purchased a new position in Skeena Resources during the 4th quarter valued at about $31,000. FNY Investment Advisers LLC lifted 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 buying an additional 3,830 shares in the last quarter. Howland Capital Management LLC bought a new stake in shares of Skeena Resources during the fourth quarter worth $96,000. Virtu Financial LLC bought a new stake in Skeena Resources during the third quarter valued at about $113,000. Finally, Pictet Asset Management Holding SA lifted its holdings in Skeena Resources by 30.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 16,523 shares of the company's stock valued at $144,000 after acquiring an additional 3,878 shares during the period. Hedge funds and other institutional investors own 45.15% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Raymond James restated a "strong-buy" rating on shares of Skeena Resources in a research report on Friday, April 4th.
Read Our Latest Stock Report on Skeena Resources
Skeena Resources Price Performance
NYSE SKE traded up $0.34 during trading hours on Friday, hitting $12.69. The company had a trading volume of 135,491 shares, compared to its average volume of 383,285. Skeena Resources Limited has a fifty-two week low of $4.10 and a fifty-two week high of $13.15. The firm's 50 day moving average is $10.75 and its 200 day moving average is $9.96. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of -9.26 and a beta of 1.20.
Skeena Resources Profile
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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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