Edmond DE Rothschild Holding S.A. Sells 31,941 Shares of Skeena Resources Limited (NYSE:SKE)

Edmond DE Rothschild Holding S.A. lowered its position in shares of Skeena Resources Limited (NYSE:SKE) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 119,151 shares of the company’s stock after selling 31,941 shares during the period. Edmond DE Rothschild Holding S.A. owned about 0.11% of Skeena Resources worth $1,035,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SKE. Pictet Asset Management Holding SA lifted its position in Skeena Resources by 30.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 16,523 shares of the company’s stock worth $144,000 after buying an additional 3,878 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Skeena Resources during the fourth quarter worth approximately $4,549,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Skeena Resources by 5.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,156,738 shares of the company’s stock worth $10,046,000 after acquiring an additional 60,838 shares in the last quarter. Amundi lifted its holdings in shares of Skeena Resources by 9.8% in the 4th quarter. Amundi now owns 1,219,300 shares of the company’s stock worth $11,632,000 after acquiring an additional 109,300 shares during the last quarter. Finally, PCJ Investment Counsel Ltd. boosted its stake in shares of Skeena Resources by 11.9% in the 4th quarter. PCJ Investment Counsel Ltd. now owns 139,630 shares of the company’s stock valued at $1,213,000 after purchasing an additional 14,840 shares in the last quarter. 45.15% of the stock is currently owned by hedge funds and other institutional investors.

Skeena Resources Stock Performance

SKE stock opened at $10.10 on Wednesday. The firm has a market cap of $1.14 billion, a P/E ratio of -7.37 and a beta of 1.29. The firm’s fifty day moving average is $10.24 and its 200 day moving average is $9.50. Skeena Resources Limited has a 52 week low of $4.10 and a 52 week high of $11.74.

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.