Howland Capital Management LLC Invests $96,000 in Skeena Resources Limited (NYSE:SKE)

Howland Capital Management LLC acquired a new stake in shares of Skeena Resources Limited (NYSE:SKE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,040 shares of the company’s stock, valued at approximately $96,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SKE. FNY Investment Advisers LLC raised its holdings in shares of Skeena Resources by 2,252.9% in the fourth quarter. FNY Investment Advisers LLC now owns 4,000 shares of the company’s stock worth $34,000 after buying an additional 3,830 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Skeena Resources in the 3rd quarter worth $43,000. Dynamic Technology Lab Private Ltd acquired a new stake in Skeena Resources during the 3rd quarter worth about $93,000. Virtu Financial LLC purchased a new stake in Skeena Resources during the 3rd quarter valued at about $113,000. Finally, XTX Topco Ltd acquired a new position in shares of Skeena Resources in the third quarter valued at about $215,000. 45.15% of the stock is owned by hedge funds and other institutional investors.

Skeena Resources Stock Performance

NYSE:SKE opened at $11.26 on Monday. The firm’s fifty day moving average is $9.49 and its two-hundred day moving average is $8.71. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -8.22 and a beta of 1.29. Skeena Resources Limited has a one year low of $3.29 and a one year high of $11.74.

Wall Street Analysts Forecast Growth

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

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 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.