75,452 Shares in Skeena Resources Limited (NYSE:SKE) Acquired by TD Asset Management Inc

TD Asset Management Inc purchased a new position in shares of Skeena Resources Limited (NYSE:SKE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 75,452 shares of the company’s stock, valued at approximately $405,000. TD Asset Management Inc owned about 0.07% of Skeena Resources at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ruffer LLP grew its holdings in Skeena Resources by 31.1% during the fourth quarter. Ruffer LLP now owns 2,337,970 shares of the company’s stock valued at $11,463,000 after purchasing an additional 555,000 shares during the period. Franklin Resources Inc. grew its holdings in Skeena Resources by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 3,621,050 shares of the company’s stock valued at $17,627,000 after purchasing an additional 55,000 shares during the period. Goehring & Rozencwajg Associates LLC grew its holdings in Skeena Resources by 3.4% during the fourth quarter. Goehring & Rozencwajg Associates LLC now owns 340,080 shares of the company’s stock valued at $1,656,000 after purchasing an additional 11,085 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in Skeena Resources during the second quarter valued at approximately $2,682,000. Finally, Corundum Trust Company INC acquired a new position in Skeena Resources during the second quarter valued at approximately $350,000. Institutional investors and hedge funds own 45.15% of the company’s stock.

Skeena Resources Stock Performance

Shares of NYSE SKE opened at $8.78 on Monday. The stock has a market cap of $935.95 million, a P/E ratio of -8.61 and a beta of 1.36. The firm has a 50 day moving average price of $7.05 and a 200 day moving average price of $5.51. Skeena Resources Limited has a 52-week low of $3.05 and a 52-week high of $8.90.

Skeena Resources (NYSE:SKE) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.22). Analysts predict that Skeena Resources Limited will post -0.38 earnings per share for the current fiscal year.

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.