Taseko Mines Limited (NYSE:TGB - Get Free Report) saw some unusual options trading activity on Friday. Traders bought 6,651 call options on the stock. This is an increase of 522% compared to the typical daily volume of 1,069 call options.
Analysts Set New Price Targets
Separately, Wall Street Zen lowered shares of Taseko Mines from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th.
View Our Latest Stock Analysis on Taseko Mines
Taseko Mines Stock Performance
NYSE:TGB traded up $0.04 during mid-day trading on Monday, hitting $3.10. The company's stock had a trading volume of 22,823,645 shares, compared to its average volume of 6,589,209. Taseko Mines has a 1 year low of $1.67 and a 1 year high of $3.14. 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 market cap of $979.21 million, a price-to-earnings ratio of -103.33 and a beta of 1.34. The business's fifty day moving average is $2.12 and its two-hundred day moving average is $2.10.
Institutional Investors Weigh In On Taseko Mines
Several hedge funds have recently added to or reduced their stakes in the business. Signaturefd LLC raised its position in shares of Taseko Mines by 12.0% in the first quarter. Signaturefd LLC now owns 47,992 shares of the company's stock worth $108,000 after acquiring an additional 5,154 shares during the period. Geode Capital Management LLC grew its stake in Taseko Mines by 4.3% during the 4th quarter. Geode Capital Management LLC now owns 145,023 shares of the company's stock valued at $282,000 after acquiring an additional 5,928 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Taseko Mines by 8.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 94,776 shares of the company's stock valued at $185,000 after acquiring an additional 6,987 shares in the last quarter. Barclays PLC grew its stake in shares of Taseko Mines by 10.8% in the 4th quarter. Barclays PLC now owns 87,899 shares of the company's stock valued at $171,000 after buying an additional 8,576 shares during the period. Finally, Mariner LLC grew its stake in shares of Taseko Mines by 31.0% in the 4th quarter. Mariner LLC now owns 36,736 shares of the company's stock valued at $71,000 after buying an additional 8,693 shares during the period. 17.94% of the stock is owned by hedge funds and other institutional investors.
Taseko Mines Company Profile
(
Get 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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