CastleKnight Management LP boosted its holdings in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 67.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 845,600 shares of the company's stock after buying an additional 340,300 shares during the quarter. CastleKnight Management LP owned approximately 0.28% of Taseko Mines worth $1,640,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Barclays PLC raised its holdings in Taseko Mines by 353.3% in the 3rd quarter. Barclays PLC now owns 79,323 shares of the company's stock valued at $200,000 after acquiring an additional 61,823 shares in the last quarter. Prairiewood Capital LLC bought a new stake in Taseko Mines during the fourth quarter worth $76,000. Abacus Wealth Partners LLC acquired a new position in shares of Taseko Mines during the 4th quarter worth $29,000. Dakota Wealth Management grew its position in Taseko Mines by 5.0% in the fourth quarter. Dakota Wealth Management now owns 480,777 shares of the company's stock valued at $933,000 after acquiring an additional 22,838 shares during the last quarter. Finally, Y.D. More Investments Ltd bought a new stake in shares of Taseko Mines during the 4th quarter valued at approximately $195,000. Institutional investors own 17.94% of the company's stock.
Taseko Mines Trading Up 2.0 %
Shares of Taseko Mines stock traded up $0.04 during midday trading on Friday, reaching $2.02. The company had a trading volume of 9,013,738 shares, compared to its average volume of 6,015,570. The firm has a market cap of $638.07 million, a PE ratio of -67.33 and a beta of 1.41. Taseko Mines Limited has a fifty-two week low of $1.67 and a fifty-two week high of $3.15. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05. The stock has a fifty day moving average price of $2.15 and a 200 day moving average price of $2.10.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Taseko Mines from a "sell" rating to a "hold" rating in a report on Monday, May 5th.
Check Out Our Latest Research Report on TGB
Taseko Mines Profile
(
Free Report)
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.
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