Mackenzie Financial Corp Sells 580,585 Shares of Skeena Resources Limited (NYSE:SKE)

Mackenzie Financial Corp cut its holdings in Skeena Resources Limited (NYSE:SKE) by 94.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 31,433 shares of the company’s stock after selling 580,585 shares during the period. Mackenzie Financial Corp’s holdings in Skeena Resources were worth $153,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. TD Asset Management Inc increased its position in Skeena Resources by 8.7% in the 3rd quarter. TD Asset Management Inc now owns 67,882 shares of the company’s stock worth $312,000 after buying an additional 5,418 shares during the period. Van ECK Associates Corp grew its holdings in shares of Skeena Resources by 0.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,710,705 shares of the company’s stock worth $21,546,000 after purchasing an additional 17,672 shares in the last quarter. Deutsche Bank AG increased its position in shares of Skeena Resources by 11.9% during the third quarter. Deutsche Bank AG now owns 242,298 shares of the company’s stock valued at $1,115,000 after purchasing an additional 25,852 shares during the period. Intact Investment Management Inc. lifted its position in Skeena Resources by 21.7% in the third quarter. Intact Investment Management Inc. now owns 526,475 shares of the company’s stock worth $2,407,000 after purchasing an additional 93,800 shares during the period. Finally, Raymond James & Associates boosted its stake in Skeena Resources by 54.4% during the fourth quarter. Raymond James & Associates now owns 138,367 shares of the company’s stock worth $675,000 after buying an additional 48,728 shares in the last quarter. Institutional investors and hedge funds own 45.15% of the company’s stock.

Skeena Resources Trading Up 1.7 %

Shares of Skeena Resources stock opened at $5.02 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.86 and a quick ratio of 3.86. The company’s fifty day moving average price is $4.38 and its two-hundred day moving average price is $4.28. Skeena Resources Limited has a 52-week low of $3.05 and a 52-week high of $7.65. The firm has a market capitalization of $453.16 million, a PE ratio of -5.28 and a beta of 1.37.

Skeena Resources (NYSE:SKE) last announced its quarterly earnings results on Monday, April 1st. The company reported ($0.27) EPS for the quarter. On average, analysts expect that Skeena Resources Limited will post -0.21 EPS for the current year.

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 four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.