21,145 Shares in Skeena Resources Limited $SKE Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in Skeena Resources Limited (NYSE:SKE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 21,145 shares of the company’s stock, valued at approximately $390,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its position in Skeena Resources by 431.1% during the third quarter. PNC Financial Services Group Inc. now owns 2,390 shares of the company’s stock worth $44,000 after purchasing an additional 1,940 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Skeena Resources in the first quarter valued at $89,000. Cutler Capital Management LLC acquired a new position in shares of Skeena Resources during the 2nd quarter worth $167,000. XTX Topco Ltd acquired a new position in shares of Skeena Resources during the 2nd quarter worth $191,000. Finally, Quantbot Technologies LP boosted its position in shares of Skeena Resources by 40.5% in the 2nd quarter. Quantbot Technologies LP now owns 13,077 shares of the company’s stock worth $208,000 after buying an additional 3,767 shares in the last quarter. 45.15% of the stock is owned by institutional investors and hedge funds.

Skeena Resources Stock Down 2.4%

Shares of Skeena Resources stock opened at $33.30 on Thursday. Skeena Resources Limited has a fifty-two week low of $8.53 and a fifty-two week high of $38.77. The business’s fifty day moving average is $31.17 and its two-hundred day moving average is $23.33. The firm has a market cap of $4.04 billion, a PE ratio of -45.61 and a beta of 1.17.

Analyst Ratings Changes

A number of brokerages recently commented on SKE. Wall Street Zen raised shares of Skeena Resources from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. Scotiabank restated an “outperform” rating on shares of Skeena Resources in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Skeena Resources in a report on Wednesday, January 21st. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Skeena Resources in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Skeena Resources presently has an average rating of “Moderate Buy”.

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.