Quantbot Technologies LP Has $78,000 Stake in Skeena Resources Limited (NYSE:SKE)

Quantbot Technologies LP reduced its holdings in shares of Skeena Resources Limited (NYSE:SKE) by 75.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,969 shares of the company’s stock after selling 27,722 shares during the quarter. Quantbot Technologies LP’s holdings in Skeena Resources were worth $78,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Helikon Investments Ltd lifted its holdings in shares of 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 acquiring an additional 6,784,027 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Skeena Resources in the fourth quarter worth approximately $1,342,000. Amundi boosted its holdings in Skeena Resources by 9.8% in the fourth quarter. Amundi now owns 1,219,300 shares of the company’s stock valued at $11,632,000 after acquiring an additional 109,300 shares during the last quarter. Jane Street Group LLC increased its position in Skeena Resources by 90.1% during the 3rd quarter. Jane Street Group LLC now owns 138,453 shares of the company’s stock valued at $1,176,000 after purchasing an additional 65,627 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Skeena Resources during the 3rd quarter worth approximately $547,000. Institutional investors and hedge funds own 45.15% of the company’s stock.

Skeena Resources Stock Performance

NYSE:SKE opened at $10.09 on Tuesday. Skeena Resources Limited has a 52 week low of $4.10 and a 52 week high of $11.74. The firm’s fifty day moving average is $10.23 and its 200-day moving average is $9.49. The firm has a market cap of $1.14 billion, a P/E ratio of -7.36 and a beta of 1.29.

Skeena Resources Company 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.