UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 3,878 Shares of Skeena Resources Limited (NYSE:SKE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Skeena Resources Limited (NYSE:SKEFree Report) by 6.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 68,480 shares of the company’s stock after buying an additional 3,878 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Skeena Resources were worth $597,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Kohmann Bosshard Financial Services LLC bought a new position in shares of Skeena Resources during the fourth quarter valued at approximately $31,000. Pictet Asset Management Holding SA lifted its position in Skeena Resources by 30.7% during the fourth quarter. Pictet Asset Management Holding SA now owns 16,523 shares of the company’s stock valued at $144,000 after acquiring an additional 3,878 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Skeena Resources by 2,067.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,809 shares of the company’s stock valued at $51,000 after acquiring an additional 5,541 shares during the last quarter. Legal & General Group Plc lifted its position in Skeena Resources by 12.0% during the fourth quarter. Legal & General Group Plc now owns 78,672 shares of the company’s stock valued at $684,000 after acquiring an additional 8,428 shares during the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in Skeena Resources during the fourth quarter valued at approximately $89,000. 45.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Raymond James reissued a “strong-buy” rating on shares of Skeena Resources in a research report on Friday, April 4th. Wall Street Zen cut shares of Skeena Resources from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. Finally, CIBC reissued an “outperform” rating on shares of Skeena Resources in a research report on Thursday, May 22nd.

Get Our Latest Research Report on SKE

Skeena Resources Trading Down 1.9%

NYSE SKE opened at $13.88 on Thursday. The company has a fifty day simple moving average of $12.07 and a two-hundred day simple moving average of $10.57. The stock has a market cap of $1.58 billion, a P/E ratio of -10.13 and a beta of 1.19. Skeena Resources Limited has a 12-month low of $4.10 and a 12-month high of $15.20.

Skeena Resources (NYSE:SKEGet Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). As a group, sell-side analysts forecast that Skeena Resources Limited will post -0.98 earnings per share for the current year.

Skeena Resources Profile

(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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Institutional Ownership by Quarter for Skeena Resources (NYSE:SKE)

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