Shares of Skeena Resources Limited (NYSE:SKE - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $12.29, but opened at $12.04. Skeena Resources shares last traded at $12.12, with a volume of 53,828 shares changing hands.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the stock. Raymond James restated a "strong-buy" rating on shares of Skeena Resources in a research report on Friday, April 4th. Wall Street Zen lowered shares of Skeena Resources from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Finally, CIBC restated an "outperform" rating on shares of Skeena Resources in a research report on Thursday, May 22nd.
View Our Latest Research Report on Skeena Resources
Skeena Resources Trading Up 2.5%
The stock has a market cap of $1.46 billion, a PE ratio of -9.30 and a beta of 1.20. The company's 50 day moving average is $11.28 and its 200-day moving average is $10.18.
Skeena Resources (NYSE:SKE - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). As a group, analysts forecast that Skeena Resources Limited will post -0.98 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of SKE. Kohmann Bosshard Financial Services LLC acquired a new position in Skeena Resources during the 4th quarter valued at about $31,000. Tower Research Capital LLC TRC raised its position in shares of 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 buying an additional 5,541 shares in the last quarter. Northwest & Ethical Investments L.P. bought a new stake in shares of Skeena Resources during the 1st quarter worth about $77,000. Aquatic Capital Management LLC bought a new stake in shares of Skeena Resources during the 4th quarter worth about $89,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Skeena Resources during the 1st quarter worth about $89,000. 45.15% of the stock is owned by institutional investors and hedge funds.
About Skeena Resources
(
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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