Skeena Resources Limited (NYSE:SKE - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $12.55, but opened at $12.00. Skeena Resources shares last traded at $11.50, with a volume of 68,304 shares trading hands.
Analysts Set New Price Targets
Separately, Raymond James restated a "strong-buy" rating on shares of Skeena Resources in a report on Friday, April 4th.
Read Our Latest Analysis on SKE
Skeena Resources Stock Performance
The business's fifty day moving average price is $10.81 and its two-hundred day moving average price is $9.98. The stock has a market capitalization of $1.31 billion, a P/E ratio of -8.39 and a beta of 1.20.
Institutional Trading of Skeena Resources
A number of large investors have recently made changes to their positions in SKE. Geode Capital Management LLC purchased a new position in shares of Skeena Resources during the 3rd quarter worth about $335,000. Barclays PLC boosted its stake in shares of 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. FNY Investment Advisers LLC boosted its stake in shares of Skeena Resources by 2,252.9% during the 4th quarter. FNY Investment Advisers LLC now owns 4,000 shares of the company's stock worth $34,000 after purchasing an additional 3,830 shares during the period. Helikon Investments Ltd boosted its stake in shares of Skeena Resources by 316.1% during the 4th 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. Finally, Howland Capital Management LLC purchased a new stake in Skeena Resources in the 4th quarter valued at about $96,000. 45.15% of the stock is currently owned by institutional investors.
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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