Knoll Capital Management LLC Raises Holdings in Skeena Resources Limited (NYSE:SKE)

Knoll Capital Management LLC boosted its holdings in shares of Skeena Resources Limited (NYSE:SKE) by 713.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 315,400 shares of the company’s stock after buying an additional 276,614 shares during the quarter. Skeena Resources makes up approximately 1.3% of Knoll Capital Management LLC’s investment portfolio, making the stock its 16th biggest holding. Knoll Capital Management LLC owned about 0.29% of Skeena Resources worth $2,668,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SKE. Goehring & Rozencwajg Associates LLC lifted its stake in shares of Skeena Resources by 22.8% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,470,600 shares of the company’s stock worth $7,888,000 after buying an additional 273,300 shares during the period. Helikon Investments Ltd acquired a new position in Skeena Resources during the third quarter valued at $18,159,000. Allspring Global Investments Holdings LLC acquired a new position in Skeena Resources during the second quarter valued at $2,682,000. Van ECK Associates Corp lifted its position in Skeena Resources by 16.1% during the third quarter. Van ECK Associates Corp now owns 5,012,498 shares of the company’s stock valued at $42,406,000 after purchasing an additional 693,745 shares during the period. Finally, TD Asset Management Inc acquired a new position in Skeena Resources during the second quarter valued at $405,000. 45.15% of the stock is owned by hedge funds and other institutional investors.

Skeena Resources Price Performance

SKE stock opened at $9.26 on Friday. The firm has a 50-day simple moving average of $8.99 and a 200-day simple moving average of $7.14. Skeena Resources Limited has a 52 week low of $3.29 and a 52 week high of $10.33.

Analyst Upgrades and Downgrades

Separately, Desjardins upgraded shares of Skeena Resources to a “moderate buy” rating in a research 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.