Taseko Mines Limited (NYSE:TGB) Stake Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 57.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,468,029 shares of the company's stock after purchasing an additional 534,272 shares during the period. Dimensional Fund Advisors LP owned approximately 0.48% of Taseko Mines worth $2,848,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Taseko Mines by 52.9% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,301,466 shares of the company's stock worth $18,095,000 after acquiring an additional 3,217,385 shares during the period. Renaissance Technologies LLC grew its holdings in Taseko Mines by 15.6% during the fourth quarter. Renaissance Technologies LLC now owns 6,676,370 shares of the company's stock worth $12,952,000 after acquiring an additional 900,400 shares during the period. Raymond James Financial Inc. acquired a new position in Taseko Mines during the fourth quarter worth about $1,070,000. Russell Investments Group Ltd. grew its holdings in Taseko Mines by 52.5% during the fourth quarter. Russell Investments Group Ltd. now owns 1,280,126 shares of the company's stock worth $2,483,000 after acquiring an additional 440,854 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Taseko Mines by 16.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,802,466 shares of the company's stock worth $5,449,000 after acquiring an additional 396,883 shares during the period. 17.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered Taseko Mines from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th.

Taseko Mines Price Performance

NYSE:TGB traded up $0.01 during mid-day trading on Monday, reaching $2.02. 4,045,949 shares of the stock were exchanged, compared to its average volume of 6,055,898. The business has a fifty day moving average price of $2.14 and a 200 day moving average price of $2.09. The firm has a market capitalization of $638.07 million, a PE ratio of -67.33 and a beta of 1.41. Taseko Mines Limited has a 1-year low of $1.67 and a 1-year high of $3.15. The company has a current ratio of 1.71, a quick ratio of 1.05 and a debt-to-equity ratio of 1.48.

Taseko Mines Company Profile

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.