224,737 Shares in Skeena Resources Limited $SKE Purchased by Fiscal Wisdom Wealth Management LLC

Fiscal Wisdom Wealth Management LLC purchased a new position in Skeena Resources Limited (NYSE:SKE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 224,737 shares of the company’s stock, valued at approximately $3,800,000. Skeena Resources makes up about 3.6% of Fiscal Wisdom Wealth Management LLC’s holdings, making the stock its 3rd largest position. Fiscal Wisdom Wealth Management LLC owned approximately 0.19% of Skeena Resources as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in SKE. PNC Financial Services Group Inc. boosted its holdings in Skeena Resources by 431.1% in the third quarter. PNC Financial Services Group Inc. now owns 2,390 shares of the company’s stock valued at $44,000 after purchasing an additional 1,940 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Skeena Resources in the 1st quarter valued at about $89,000. Cutler Capital Management LLC purchased a new position in shares of Skeena Resources during the second quarter valued at approximately $167,000. XTX Topco Ltd acquired a new stake in shares of Skeena Resources during the 2nd quarter worth $191,000. Finally, Quantbot Technologies LP lifted its stake in shares of Skeena Resources by 40.5% in the 2nd quarter. Quantbot Technologies LP now owns 13,077 shares of the company’s stock valued at $208,000 after purchasing an additional 3,767 shares in the last quarter. 45.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SKE. Scotiabank reiterated an “outperform” rating on shares of Skeena Resources in a report on Monday, January 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Skeena Resources in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Skeena Resources in a research note on Wednesday, February 4th. Finally, Wall Street Zen upgraded Skeena Resources from a “sell” rating to a “hold” rating in a research report on Sunday, January 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Skeena Resources Trading Up 3.0%

NYSE:SKE opened at $32.64 on Thursday. Skeena Resources Limited has a 1 year low of $8.53 and a 1 year high of $35.69. The firm has a 50 day moving average of $27.86 and a 200-day moving average of $21.25. The stock has a market capitalization of $3.96 billion, a P/E ratio of -44.71 and a beta of 1.22.

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.