Taseko Mines Limited (NYSE:TGB - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $3.56 and last traded at $3.55, with a volume of 9811612 shares changing hands. The stock had previously closed at $3.29.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded shares of Taseko Mines from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th.
View Our Latest Analysis on Taseko Mines
Taseko Mines Stock Performance
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 firm has a market cap of $1.08 billion, a P/E ratio of -114.33 and a beta of 1.42. The business's 50-day simple moving average is $2.57 and its 200 day simple moving average is $2.26.
Institutional Investors Weigh In On Taseko Mines
A number of hedge funds have recently modified their holdings of the business. BIP Wealth LLC purchased a new position in shares of Taseko Mines during the 4th quarter valued at $30,000. Cadence Bank purchased a new position in shares of Taseko Mines during the 4th quarter valued at $32,000. Lido Advisors LLC purchased a new position in shares of Taseko Mines during the 4th quarter valued at $37,000. Deutsche Bank AG lifted its stake in shares of Taseko Mines by 88.2% during the 4th quarter. Deutsche Bank AG now owns 19,857 shares of the company's stock valued at $39,000 after buying an additional 9,308 shares in the last quarter. Finally, Oxford Asset Management LLP purchased a new position in shares of Taseko Mines during the 4th quarter valued at $45,000. Institutional investors own 17.94% of the company's stock.
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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