Taseko Mines Limited (NYSE:TGB) Holdings Raised by CenterBook Partners LP

CenterBook Partners LP grew its holdings in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 16.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,838,038 shares of the company's stock after buying an additional 393,665 shares during the quarter. CenterBook Partners LP owned 0.90% of Taseko Mines worth $6,357,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TGB. TD Asset Management Inc raised its position in Taseko Mines by 22.2% in the first quarter. TD Asset Management Inc now owns 4,003,547 shares of the company's stock worth $8,957,000 after acquiring an additional 728,241 shares during the period. Cullen Frost Bankers Inc. purchased a new position in Taseko Mines in the 1st quarter worth approximately $90,000. Signaturefd LLC boosted its stake in shares of Taseko Mines by 12.0% in the 1st quarter. Signaturefd LLC now owns 47,992 shares of the company's stock valued at $108,000 after purchasing an additional 5,154 shares in the last quarter. Ballentine Partners LLC raised its holdings in Taseko Mines by 147.1% during the 1st quarter. Ballentine Partners LLC now owns 34,046 shares of the company's stock valued at $76,000 after buying an additional 20,270 shares during the last quarter. Finally, Acuitas Investments LLC raised its holdings in Taseko Mines by 77.1% in the 1st quarter. Acuitas Investments LLC now owns 1,180,424 shares of the company's stock worth $2,644,000 after purchasing an additional 513,938 shares in the last quarter. 17.94% of the stock is currently owned by institutional investors and hedge funds.

Taseko Mines Trading Down 0.3%

Shares of TGB stock traded down $0.01 on Friday, hitting $3.22. 2,454,235 shares of the stock traded hands, compared to its average volume of 11,010,074. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.05 and a current ratio of 1.71. The stock has a market capitalization of $1.02 billion, a PE ratio of -107.33 and a beta of 1.42. The firm's 50-day moving average price is $2.77 and its two-hundred day moving average price is $2.33. Taseko Mines Limited has a twelve month low of $1.67 and a twelve month high of $3.67.

Wall Street Analyst Weigh In

TGB has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of Taseko Mines from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th. TD Securities cut shares of Taseko Mines from a "strong-buy" rating to a "hold" rating and upped their price target for the stock from $3.50 to $5.00 in a report on Wednesday.

Taseko Mines 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.