Dynamic Technology Lab Private Ltd Takes $93,000 Position in Skeena Resources Limited (NYSE:SKE)

Dynamic Technology Lab Private Ltd bought a new position in Skeena Resources Limited (NYSE:SKE) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 10,997 shares of the company’s stock, valued at approximately $93,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SKE. Goehring & Rozencwajg Associates LLC lifted its holdings in shares of Skeena Resources by 22.8% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,470,600 shares of the company’s stock valued at $7,888,000 after acquiring an additional 273,300 shares during the period. Helikon Investments Ltd acquired a new position in shares of Skeena Resources during the 3rd quarter worth approximately $18,159,000. Allspring Global Investments Holdings LLC acquired a new position in Skeena Resources in the 2nd quarter valued at $2,682,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Skeena Resources by 207.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,095,900 shares of the company’s stock worth $9,309,000 after purchasing an additional 739,550 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Skeena Resources by 16.1% during the 3rd quarter. Van ECK Associates Corp now owns 5,012,498 shares of the company’s stock worth $42,406,000 after purchasing an additional 693,745 shares in the last quarter. 45.15% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Desjardins upgraded Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Skeena Resources Trading Up 1.4 %

Shares of Skeena Resources stock opened at $9.28 on Wednesday. The business’s fifty day simple moving average is $9.02 and its 200 day simple moving average is $7.24. Skeena Resources Limited has a 12 month low of $3.29 and a 12 month high of $10.33.

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.