Raymond James Financial Inc. Invests $1.34 Million in Skeena Resources Limited (NYSE:SKE)

Raymond James Financial Inc. acquired a new stake in Skeena Resources Limited (NYSE:SKE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 153,898 shares of the company’s stock, valued at approximately $1,342,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Helikon Investments Ltd increased its holdings in 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. Sprott Inc. grew its position in shares of Skeena Resources by 5.1% during the fourth quarter. Sprott Inc. now owns 1,109,950 shares of the company’s stock worth $9,674,000 after buying an additional 54,242 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Skeena Resources by 90.1% during the third quarter. Jane Street Group LLC now owns 138,453 shares of the company’s stock worth $1,176,000 after buying an additional 65,627 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Skeena Resources during the third quarter worth approximately $547,000. Finally, National Bank of Canada FI raised its holdings in Skeena Resources by 356.4% in the third quarter. National Bank of Canada FI now owns 51,922 shares of the company’s stock valued at $439,000 after acquiring an additional 40,546 shares in the last quarter. 45.15% of the stock is currently owned by hedge funds and other institutional investors.

Skeena Resources Stock Down 1.7 %

NYSE SKE opened at $9.92 on Thursday. Skeena Resources Limited has a 52 week low of $4.10 and a 52 week high of $11.74. The firm has a 50 day moving average of $10.24 and a two-hundred day moving average of $9.50. The stock has a market capitalization of $1.12 billion, a PE ratio of -7.24 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.