Raymond James Financial Inc. acquired a new position in shares of Skeena Resources Limited (NYSE:SKE - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 153,898 shares of the company's stock, valued at approximately $1,342,000. Raymond James Financial Inc. owned approximately 0.14% of Skeena Resources at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Helikon Investments Ltd lifted its position in Skeena Resources by 316.1% in the fourth quarter. Helikon Investments Ltd now owns 8,930,424 shares of the company's stock worth $77,873,000 after purchasing an additional 6,784,027 shares during the period. Invesco Ltd. boosted its position in shares of Skeena Resources by 4,414.9% during the 4th quarter. Invesco Ltd. now owns 783,964 shares of the company's stock valued at $6,836,000 after acquiring an additional 766,600 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in Skeena Resources in the fourth quarter valued at about $4,549,000. Amundi raised its position in Skeena Resources by 9.8% in the fourth quarter. Amundi now owns 1,219,300 shares of the company's stock worth $11,632,000 after purchasing an additional 109,300 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in Skeena Resources by 5.6% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,156,738 shares of the company's stock worth $10,046,000 after purchasing an additional 60,838 shares in the last quarter. 45.15% of the stock is currently owned by institutional investors.
Skeena Resources Stock Performance
Shares of NYSE:SKE opened at $11.23 on Friday. The company's fifty day moving average is $10.53 and its 200-day moving average is $9.89. Skeena Resources Limited has a 52 week low of $4.10 and a 52 week high of $12.76. The company has a market capitalization of $1.28 billion, a PE ratio of -8.19 and a beta of 1.22.
Wall Street Analyst Weigh In
Separately, Raymond James reiterated a "strong-buy" rating on shares of Skeena Resources in a research note on Friday, April 4th.
View Our Latest Report on SKE
Skeena Resources Profile
(
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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