Virtu Financial LLC Invests $113,000 in Skeena Resources Limited (NYSE:SKE)

Virtu Financial LLC acquired a new stake in shares of Skeena Resources Limited (NYSE:SKE) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,319 shares of the company’s stock, valued at approximately $113,000.

A number of other large investors have also modified their holdings of SKE. Barclays PLC boosted its stake in Skeena Resources by 130.6% during the third quarter. Barclays PLC now owns 29,696 shares of the company’s stock worth $251,000 after buying an additional 16,819 shares in the last quarter. Geode Capital Management LLC acquired a new stake in shares of Skeena Resources during the 3rd quarter valued at about $335,000. XTX Topco Ltd bought a new stake in Skeena Resources in the third quarter valued at about $215,000. National Bank of Canada FI raised its position in Skeena Resources by 356.4% in the third quarter. National Bank of Canada FI now owns 51,922 shares of the company’s stock worth $439,000 after purchasing an additional 40,546 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Skeena Resources by 90.1% during the third quarter. Jane Street Group LLC now owns 138,453 shares of the company’s stock worth $1,176,000 after purchasing an additional 65,627 shares during the period. 45.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Skeena Resources Price Performance

Skeena Resources stock opened at $8.90 on Friday. Skeena Resources Limited has a 52-week low of $3.29 and a 52-week high of $10.33. The stock has a fifty day moving average price of $9.22 and a two-hundred day moving average price of $7.62. The firm has a market capitalization of $955.54 million, a P/E ratio of -6.50 and a beta of 1.26.

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.