J. Goldman & Co LP Acquires Shares of 100,800 Skeena Resources Limited $SKE

J. Goldman & Co LP purchased a new position in Skeena Resources Limited (NYSE:SKE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 100,800 shares of the company’s stock, valued at approximately $2,686,000. J. Goldman & Co LP owned 0.08% of Skeena Resources as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Rockefeller Capital Management L.P. raised its position in shares of Skeena Resources by 41.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,555 shares of the company’s stock valued at $37,000 after buying an additional 455 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Skeena Resources during the 4th quarter worth $43,000. Russell Investments Group Ltd. bought a new stake in shares of Skeena Resources during the 4th quarter worth $45,000. PNC Financial Services Group Inc. boosted its stake in Skeena Resources by 431.1% in the third quarter. PNC Financial Services Group Inc. now owns 2,390 shares of the company’s stock valued at $44,000 after buying an additional 1,940 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Skeena Resources in the fourth quarter valued at about $98,000. Institutional investors own 45.15% of the company’s stock.

Skeena Resources Price Performance

Shares of NYSE:SKE opened at $35.09 on Wednesday. The firm has a market cap of $4.37 billion, a PE ratio of -23.39 and a beta of 1.14. The company has a debt-to-equity ratio of 5.66, a quick ratio of 3.15 and a current ratio of 3.15. Skeena Resources Limited has a 52 week low of $15.38 and a 52 week high of $38.77. The firm’s fifty day moving average is $28.89 and its 200-day moving average is $30.36.

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 the consensus estimate of ($0.11) by ($0.10). Sell-side analysts predict that Skeena Resources Limited will post -1.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of Skeena Resources from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Skeena Resources in a report on Friday, July 17th. Finally, Zacks Research raised shares of Skeena Resources from a “strong sell” rating to a “hold” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently 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.