Skeena Resources Limited (NYSE:SKE) Shares Acquired by Amundi

Amundi lifted its position in Skeena Resources Limited (NYSE:SKE) by 9.8% in the 4th quarter, Holdings Channel reports. The fund owned 1,219,300 shares of the company’s stock after buying an additional 109,300 shares during the period. Amundi’s holdings in Skeena Resources were worth $11,632,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SKE. Helikon Investments Ltd increased 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 last quarter. Sprott Inc. grew its stake in Skeena Resources by 5.1% in the 4th quarter. Sprott Inc. now owns 1,109,950 shares of the company’s stock valued at $9,674,000 after buying an additional 54,242 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Skeena Resources by 207.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,095,900 shares of the company’s stock valued at $9,309,000 after buying an additional 739,550 shares during the last quarter. Knoll Capital Management LLC grew its stake in Skeena Resources by 713.2% in the 3rd quarter. Knoll Capital Management LLC now owns 315,400 shares of the company’s stock valued at $2,668,000 after buying an additional 276,614 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Skeena Resources in the 4th quarter valued at $1,342,000. Hedge funds and other institutional investors own 45.15% of the company’s stock.

Skeena Resources Price Performance

Shares of Skeena Resources stock opened at $10.19 on Friday. Skeena Resources Limited has a fifty-two week low of $4.10 and a fifty-two week high of $11.74. The firm has a fifty day moving average price of $10.00 and a two-hundred day moving average price of $9.26. The company has a market cap of $1.15 billion, a PE ratio of -7.44 and a beta of 1.29.

Skeena Resources Profile

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.