Ruffer LLP Increases Stock Position in Skeena Resources Limited (NYSE:SKE)

Ruffer LLP lifted its holdings in Skeena Resources Limited (NYSE:SKEFree Report) by 31.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,337,970 shares of the company’s stock after purchasing an additional 555,000 shares during the period. Ruffer LLP owned about 2.59% of Skeena Resources worth $11,463,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Skeena Resources by 14.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,925 shares of the company’s stock worth $303,000 after purchasing an additional 7,948 shares during the period. Raymond James & Associates lifted its position in shares of Skeena Resources by 54.4% in the 4th quarter. Raymond James & Associates now owns 138,367 shares of the company’s stock worth $675,000 after purchasing an additional 48,728 shares during the period. Deutsche Bank AG lifted its position in Skeena Resources by 11.9% during the third quarter. Deutsche Bank AG now owns 242,298 shares of the company’s stock valued at $1,115,000 after acquiring an additional 25,852 shares during the last quarter. Intact Investment Management Inc. lifted its position in Skeena Resources by 21.7% during the third quarter. Intact Investment Management Inc. now owns 526,475 shares of the company’s stock valued at $2,407,000 after acquiring an additional 93,800 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position 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 acquiring an additional 55,000 shares during the last quarter. Hedge funds and other institutional investors own 45.15% of the company’s stock.

Skeena Resources Price Performance

NYSE:SKE traded up $0.04 during midday trading on Thursday, reaching $4.32. 151,911 shares of the stock traded hands, compared to its average volume of 206,767. Skeena Resources Limited has a 12-month low of $3.05 and a 12-month high of $5.74. The business has a 50-day moving average of $4.73 and a two-hundred day moving average of $4.43. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 0.24.

Skeena Resources (NYSE:SKEGet Free Report) last posted its earnings results on Monday, April 1st. The company reported ($0.27) EPS for the quarter. Equities research analysts forecast that Skeena Resources Limited will post -0.21 EPS for the current year.

Skeena Resources Company 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.

See Also

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

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