MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 2.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,725,601 shares of the company's stock after purchasing an additional 297,403 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 3.52% of Taseko Mines worth $20,880,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Deutsche Bank AG grew its position in Taseko Mines by 88.2% during the fourth quarter. Deutsche Bank AG now owns 19,857 shares of the company's stock worth $39,000 after buying an additional 9,308 shares during the period. Eagle Global Advisors LLC acquired a new stake in shares of Taseko Mines in the 4th quarter worth approximately $142,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Taseko Mines in the 4th quarter worth approximately $80,000. CastleKnight Management LP increased its stake in Taseko Mines by 67.3% in the 4th quarter. CastleKnight Management LP now owns 845,600 shares of the company's stock valued at $1,640,000 after purchasing an additional 340,300 shares in the last quarter. Finally, Capstone Investment Advisors LLC raised its holdings in Taseko Mines by 44.0% during the fourth quarter. Capstone Investment Advisors LLC now owns 31,510 shares of the company's stock worth $61,000 after purchasing an additional 9,630 shares during the last quarter. Hedge funds and other institutional investors own 17.94% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Taseko Mines from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th.
Read Our Latest Analysis on TGB
Taseko Mines Price Performance
Shares of TGB stock traded up $0.02 during trading hours on Tuesday, hitting $2.04. The company's stock had a trading volume of 1,725,211 shares, compared to its average volume of 6,039,149. The company has a current ratio of 1.71, a quick ratio of 1.05 and a debt-to-equity ratio of 1.48. The business has a fifty day moving average of $2.14 and a 200-day moving average of $2.09. Taseko Mines Limited has a twelve month low of $1.67 and a twelve month high of $3.15. The stock has a market cap of $642.81 million, a price-to-earnings ratio of -67.83 and a beta of 1.41.
Taseko Mines Company Profile
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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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