Mesirow Financial Investment Management Inc. Invests $101,000 in Skeena Resources Limited (NYSE:SKE)

Mesirow Financial Investment Management Inc. bought a new position in shares of Skeena Resources Limited (NYSE:SKE) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $101,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SKE. Invesco Ltd. increased its position in Skeena Resources by 4,414.9% during the 4th quarter. Invesco Ltd. now owns 783,964 shares of the company’s stock worth $6,836,000 after purchasing an additional 766,600 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in Skeena Resources during the 4th quarter worth approximately $4,549,000. TD Asset Management Inc increased its position in Skeena Resources by 28.9% during the 1st quarter. TD Asset Management Inc now owns 1,285,382 shares of the company’s stock worth $12,959,000 after purchasing an additional 288,312 shares in the last quarter. Mackenzie Financial Corp increased its position in Skeena Resources by 382.4% during the 1st quarter. Mackenzie Financial Corp now owns 202,642 shares of the company’s stock worth $2,043,000 after purchasing an additional 160,639 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Skeena Resources during the 4th quarter worth approximately $1,342,000. Institutional investors and hedge funds own 45.15% of the company’s stock.

Skeena Resources Stock Up 2.1%

Shares of NYSE:SKE opened at $14.37 on Friday. Skeena Resources Limited has a 52-week low of $5.63 and a 52-week high of $17.25. The company has a 50 day moving average of $14.98 and a two-hundred day moving average of $12.16. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of -12.50 and a beta of 1.24.

Skeena Resources (NYSE:SKE) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.03). On average, equities analysts anticipate that Skeena Resources Limited will post -0.98 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Skeena Resources from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. Raymond James Financial reissued a “strong-buy” rating on shares of Skeena Resources in a research report on Friday, April 4th. Finally, CIBC reaffirmed an “outperform” rating on shares of Skeena Resources in a research report on Thursday, May 22nd.

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.