Barclays PLC Acquires 16,819 Shares of Skeena Resources Limited (NYSE:SKE)

Barclays PLC raised its holdings in shares of Skeena Resources Limited (NYSE:SKE) by 130.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,696 shares of the company’s stock after purchasing an additional 16,819 shares during the quarter. Barclays PLC’s holdings in Skeena Resources were worth $251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SKE. Helikon Investments Ltd bought a new stake in shares of Skeena Resources during the third quarter worth $18,159,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Skeena Resources by 207.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,095,900 shares of the company’s stock worth $9,309,000 after purchasing an additional 739,550 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Skeena Resources by 16.1% during the third quarter. Van ECK Associates Corp now owns 5,012,498 shares of the company’s stock worth $42,406,000 after purchasing an additional 693,745 shares during the last quarter. Knoll Capital Management LLC raised its holdings in shares of Skeena Resources by 713.2% in the third quarter. Knoll Capital Management LLC now owns 315,400 shares of the company’s stock valued at $2,668,000 after acquiring an additional 276,614 shares in the last quarter. Finally, Goehring & Rozencwajg Associates LLC raised its holdings in shares of Skeena Resources by 22.8% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,470,600 shares of the company’s stock valued at $7,888,000 after acquiring an additional 273,300 shares in the last quarter. 45.15% of the stock is currently owned by institutional investors.

Skeena Resources Price Performance

SKE stock opened at $9.35 on Monday. The business has a 50-day moving average price of $9.08 and a 200 day moving average price of $8.01. The company has a market capitalization of $1.01 billion, a P/E ratio of -6.82 and a beta of 1.26. Skeena Resources Limited has a 1-year low of $3.29 and a 1-year high of $10.33.

Analyst Upgrades and Downgrades

Separately, Desjardins upgraded Skeena Resources to a “moderate buy” rating in a report on Thursday, October 31st.

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.