Dynamic Advisor Solutions LLC Purchases Shares of 115,182 Taseko Mines Limited (NYSE:TGB)

Dynamic Advisor Solutions LLC bought a new position in shares of Taseko Mines Limited (NYSE:TGB) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 115,182 shares of the company’s stock, valued at approximately $258,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Two Sigma Investments LP raised its position in shares of Taseko Mines by 6.3% during the 4th quarter. Two Sigma Investments LP now owns 998,760 shares of the company’s stock worth $1,938,000 after acquiring an additional 59,537 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Taseko Mines by 57.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,468,029 shares of the company’s stock worth $2,848,000 after acquiring an additional 534,272 shares in the last quarter. Millennium Management LLC raised its position in shares of Taseko Mines by 105.0% during the 4th quarter. Millennium Management LLC now owns 1,174,453 shares of the company’s stock worth $2,279,000 after acquiring an additional 601,684 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Taseko Mines during the 4th quarter worth about $1,070,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Taseko Mines during the 4th quarter worth about $80,000. Institutional investors and hedge funds own 17.94% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Taseko Mines from a “hold” rating to a “sell” rating in a research report on Tuesday, May 13th.

Taseko Mines Price Performance

Shares of NYSE TGB opened at $3.00 on Friday. The stock’s 50-day simple moving average is $2.32 and its 200-day simple moving average is $2.16. The firm has a market capitalization of $947.63 million, a PE ratio of -100.00 and a beta of 1.34. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.05 and a current ratio of 1.71. Taseko Mines Limited has a fifty-two week low of $1.67 and a fifty-two week high of $3.14.

About Taseko Mines

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.