Taseko Mines (NYSE:TGB) Downgraded by StockNews.com

Taseko Mines (NYSE:TGBGet Rating) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Thursday.

Taseko Mines Stock Performance

Shares of Taseko Mines stock opened at $1.84 on Thursday. The company has a market capitalization of $527.15 million, a PE ratio of -61.33 and a beta of 1.91. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.67 and a current ratio of 2.28. The company has a 50-day simple moving average of $1.37 and a two-hundred day simple moving average of $1.20. Taseko Mines has a one year low of $0.89 and a one year high of $2.41.

Taseko Mines Company Profile

(Get Rating)

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gibraltar mine located in British Columbia. It also holds 100% interest in 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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