42,000 Shares in Skeena Resources Limited (NYSE:SKE) Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. purchased a new position in shares of Skeena Resources Limited (NYSE:SKE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 42,000 shares of the company’s stock, valued at approximately $357,000.

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

Wall Street Analyst Weigh In

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

Skeena Resources Stock Up 3.8 %

NYSE SKE opened at $9.34 on Monday. Skeena Resources Limited has a 1-year low of $3.29 and a 1-year high of $10.33. The company has a 50 day moving average of $8.97 and a 200-day moving average of $7.07.

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.