Pekin Hardy Strauss Inc. Makes New Investment in Skeena Resources Limited (NYSE:SKE)

Pekin Hardy Strauss Inc. purchased a new stake in Skeena Resources Limited (NYSE:SKE) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 42,000 shares of the company’s stock, valued at approximately $357,000.

A number of other institutional investors have also made changes to their positions in SKE. Corundum Trust Company INC acquired a new stake in Skeena Resources in the 2nd quarter valued at approximately $350,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Skeena Resources in the second quarter worth $2,682,000. TD Asset Management Inc bought a new position in Skeena Resources during the second quarter worth $405,000. Goehring & Rozencwajg Associates LLC raised its stake in Skeena Resources by 22.8% during the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,470,600 shares of the company’s stock valued at $7,888,000 after purchasing an additional 273,300 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in Skeena Resources by 16.6% in the 2nd quarter. Bank of Montreal Can now owns 313,185 shares of the company’s stock valued at $1,681,000 after purchasing an additional 44,519 shares during the period. 45.15% of the stock is currently owned by institutional investors.

Skeena Resources Stock Up 3.8 %

Skeena Resources stock opened at $9.34 on Monday. The business has a 50 day moving average price of $8.97 and a two-hundred day moving average price of $7.07. Skeena Resources Limited has a 12 month low of $3.29 and a 12 month high of $10.33.

Analyst Ratings Changes

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

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.