Skeena Resources Limited (NYSE:SKE) Shares Purchased by Knoll Capital Management LLC

Knoll Capital Management LLC lifted its stake in Skeena Resources Limited (NYSE:SKE) by 713.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 315,400 shares of the company’s stock after purchasing an additional 276,614 shares during the quarter. Skeena Resources accounts for 1.3% of Knoll Capital Management LLC’s portfolio, making the stock its 16th largest position. Knoll Capital Management LLC’s holdings in Skeena Resources were worth $2,668,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Skeena Resources in the 3rd quarter valued at approximately $43,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Skeena Resources in the 3rd quarter valued at approximately $93,000. Pinnacle Wealth Management Group Inc. purchased a new stake in shares of Skeena Resources in the 3rd quarter valued at approximately $110,000. Mackenzie Financial Corp purchased a new position in shares of Skeena Resources in the 2nd quarter valued at $179,000. Finally, Quantbot Technologies LP purchased a new position in shares of Skeena Resources in the 3rd quarter valued at $310,000. 45.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Skeena Resources Price Performance

Shares of Skeena Resources stock opened at $9.26 on Friday. Skeena Resources Limited has a 1 year low of $3.29 and a 1 year high of $10.33. The company’s fifty day moving average is $8.99 and its two-hundred day moving average is $7.14.

Skeena Resources Company 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.