100,800 Shares in Skeena Resources Limited $SKE Acquired by J. Goldman & Co LP

J. Goldman & Co LP acquired a new stake in shares of Skeena Resources Limited (NYSE:SKE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 100,800 shares of the company’s stock, valued at approximately $2,686,000.

A number of other large investors have also recently modified their holdings of SKE. Royal Bank of Canada increased its position in shares of Skeena Resources by 849.9% in the first quarter. Royal Bank of Canada now owns 401,729 shares of the company’s stock worth $4,053,000 after purchasing an additional 359,438 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Skeena Resources during the 1st quarter valued at $89,000. Goldman Sachs Group Inc. raised its position in shares of Skeena Resources by 174.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 314,370 shares of the company’s stock valued at $3,172,000 after buying an additional 199,654 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Skeena Resources by 4.3% during the 2nd quarter. Geode Capital Management LLC now owns 45,364 shares of the company’s stock worth $719,000 after acquiring an additional 1,881 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Skeena Resources by 5.2% during the 2nd quarter. Legal & General Group Plc now owns 81,489 shares of the company’s stock worth $1,294,000 after acquiring an additional 4,037 shares during the last quarter. Institutional investors own 45.15% of the company’s stock.

Skeena Resources Stock Up 0.2%

NYSE:SKE opened at $35.09 on Wednesday. The company has a debt-to-equity ratio of 5.66, a current ratio of 3.15 and a quick ratio of 3.15. The firm’s 50-day moving average price is $28.89 and its 200-day moving average price is $30.36. The company has a market capitalization of $4.37 billion, a PE ratio of -23.39 and a beta of 1.14. Skeena Resources Limited has a 1-year low of $15.38 and a 1-year high of $38.77.

Skeena Resources (NYSE:SKE) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.10). On average, equities analysts predict that Skeena Resources Limited will post -1.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SKE. Wall Street Zen upgraded Skeena Resources from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Zacks Research upgraded Skeena Resources from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Skeena Resources in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About Skeena Resources

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.