Skeena Resources Limited (NYSE:SKE - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $17.01 and last traded at $17.03, with a volume of 78360 shares trading hands. The stock had previously closed at $16.27.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on SKE shares. CIBC reaffirmed an "outperform" rating on shares of Skeena Resources in a research report on Thursday, May 22nd. Wall Street Zen downgraded Skeena Resources from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Finally, Raymond James Financial reaffirmed a "strong-buy" rating on shares of Skeena Resources in a research report on Friday, April 4th.
Get Our Latest Stock Report on SKE
Skeena Resources Price Performance
The business's 50 day moving average price is $14.49 and its 200-day moving average price is $11.88. The company has a market cap of $1.85 billion, a P/E ratio of -14.02 and a beta of 1.26.
Skeena Resources (NYSE:SKE - Get Free Report) last posted 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). As a group, research analysts forecast that Skeena Resources Limited will post -0.98 EPS for the current year.
Institutional Trading of Skeena Resources
Hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its holdings in Skeena Resources by 2,067.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,809 shares of the company's stock worth $51,000 after acquiring an additional 5,541 shares during the period. Northwest & Ethical Investments L.P. acquired a new stake in Skeena Resources during the 1st quarter worth $77,000. Aquatic Capital Management LLC acquired a new stake in Skeena Resources during the 4th quarter worth $89,000. Cubist Systematic Strategies LLC acquired a new stake in Skeena Resources during the 1st quarter worth $89,000. Finally, Banque Cantonale Vaudoise acquired a new stake in Skeena Resources during the 1st quarter worth $91,000. Institutional investors and hedge funds own 45.15% of the company's stock.
Skeena Resources Company Profile
(
Get 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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