Skeena Resources ( (TSE:SKE) ) just unveiled an announcement.
On February 14, 2025, Skeena Resources Limited, along with its subsidiary QuestEx Gold & Copper Ltd., acquired 22,000,000 shares of TDG Gold Corp., increasing its ownership to approximately 13% of TDG’s outstanding shares. This acquisition, valued at C$11,000,000, was made for investment purposes and reflects Skeena’s strategic interest in expanding its influence within the precious metals sector.
More about Skeena Resources
Skeena Resources Limited is a leading precious metals developer focused on advancing the Eskay Creek Gold-Silver Project, a past-producing mine located in the Golden Triangle of British Columbia, Canada. The company aims to establish one of the highest-grade and lowest-cost open-pit precious metals mines globally, with significant silver by-product production. Skeena is committed to sustainable mining practices and collaborates with the Tahltan Nation to foster positive relationships with Indigenous communities.
YTD Price Performance: 3.25%
Average Trading Volume: 268,747
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.5B
For detailed information about SKE stock, go to TipRanks’ Stock Analysis page.