Skeena Resources (NYSE:SKE) Stock Price Down 3.2%

Skeena Resources Limited (NYSE:SKE)’s stock price fell 3.2% on Monday . The stock traded as low as $4.38 and last traded at $4.49. 283,390 shares changed hands during trading, an increase of 50% from the average session volume of 188,330 shares. The stock had previously closed at $4.64.

Skeena Resources Trading Down 3.2 %

The firm has a market capitalization of $405.74 million, a P/E ratio of -4.73 and a beta of 1.37. The firm has a 50 day simple moving average of $4.28 and a two-hundred day simple moving average of $4.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.86 and a current ratio of 3.86.

Skeena Resources (NYSE:SKE) last announced its earnings results on Monday, April 1st. The company reported ($0.27) earnings per share (EPS) for the quarter. Equities research analysts forecast that Skeena Resources Limited will post -0.19 earnings per share for the current year.

Institutional Trading of Skeena Resources

Large investors have recently modified their holdings of the business. Barclays PLC bought a new stake in Skeena Resources in the 2nd quarter worth approximately $69,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Skeena Resources by 14.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,925 shares of the company’s stock valued at $303,000 after buying an additional 7,948 shares during the period. TD Asset Management Inc increased its stake in shares of Skeena Resources by 8.7% during the third quarter. TD Asset Management Inc now owns 67,882 shares of the company’s stock valued at $312,000 after buying an additional 5,418 shares during the period. Raymond James & Associates increased its stake in shares of Skeena Resources by 54.4% during the fourth quarter. Raymond James & Associates now owns 138,367 shares of the company’s stock valued at $675,000 after buying an additional 48,728 shares during the period. Finally, Deutsche Bank AG increased its stake 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 buying an additional 25,852 shares during the period. Institutional investors own 45.15% of the company’s stock.

About Skeena Resources

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.