Allspring Global Investments Holdings LLC Has $3.83 Million Stock Position in Skeena Resources Limited (NYSE:SKE)

Allspring Global Investments Holdings LLC reduced its stake in shares of Skeena Resources Limited (NYSE:SKE) by 10.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 450,000 shares of the company’s stock after selling 50,000 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Skeena Resources were worth $3,827,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SKE. Goehring & Rozencwajg Associates LLC grew its holdings in shares of Skeena Resources by 22.8% in 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 in the last quarter. Bank of Montreal Can raised its position in shares of Skeena Resources by 16.6% in the second quarter. Bank of Montreal Can now owns 313,185 shares of the company’s stock worth $1,681,000 after buying an additional 44,519 shares in the last quarter. Marshall Wace LLP raised its position in shares of Skeena Resources by 318.8% in the second quarter. Marshall Wace LLP now owns 172,952 shares of the company’s stock worth $929,000 after buying an additional 131,657 shares in the last quarter. TD Asset Management Inc purchased a new stake in shares of Skeena Resources in the second quarter worth $405,000. Finally, Corundum Trust Company INC purchased a new stake in shares of Skeena Resources in the second quarter worth $350,000. 45.15% of the stock is owned by institutional investors.

Skeena Resources Stock Down 1.3 %

SKE opened at $9.85 on Tuesday. The stock has a market cap of $1.05 billion, a PE ratio of -8.79 and a beta of 1.37. Skeena Resources Limited has a 52 week low of $3.05 and a 52 week high of $10.33. The business’s fifty day simple moving average is $8.57 and its 200 day simple moving average is $6.51.

Skeena Resources (NYSE:SKE) last released its earnings results on Thursday, August 8th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.22). As a group, equities analysts anticipate that Skeena Resources Limited will post -0.8 earnings per share for the current year.

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.