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

Skeena Resources Limited (NYSE:SKE) shares fell 3.2% during mid-day trading on Monday . The stock traded as low as $4.38 and last traded at $4.49. 283,390 shares traded 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 Stock Down 2.9 %

The stock has a 50-day moving average of $4.32 and a 200 day moving average of $4.28. 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 has a market cap of $419.27 million, a P/E ratio of -4.88 and a beta of 1.37.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Barclays PLC acquired a new position in shares of Skeena Resources during the second quarter worth $69,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Skeena Resources by 14.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,925 shares of the company’s stock worth $303,000 after purchasing an additional 7,948 shares in the last quarter. TD Asset Management Inc raised its position in Skeena Resources by 8.7% in the third quarter. TD Asset Management Inc now owns 67,882 shares of the company’s stock valued at $312,000 after purchasing an additional 5,418 shares during the last quarter. Raymond James & Associates boosted 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 purchasing an additional 48,728 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings 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 worth $1,115,000 after purchasing an additional 25,852 shares during the last quarter. Institutional investors and hedge funds 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.