Taseko Mines Limited $TGB Holdings Lowered by Signaturefd LLC

Signaturefd LLC decreased its stake in Taseko Mines Limited (NYSE:TGB) by 16.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 39,984 shares of the company’s stock after selling 8,008 shares during the quarter. Signaturefd LLC’s holdings in Taseko Mines were worth $126,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its stake in Taseko Mines by 186.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 79,957 shares of the company’s stock valued at $179,000 after buying an additional 52,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Taseko Mines by 2.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,022,109 shares of the company’s stock valued at $24,789,000 after acquiring an additional 296,508 shares during the period. Dynamic Advisor Solutions LLC purchased a new stake in shares of Taseko Mines in the 1st quarter valued at approximately $258,000. Nuveen LLC acquired a new position in Taseko Mines in the 1st quarter worth approximately $659,000. Finally, HighTower Advisors LLC boosted its stake in Taseko Mines by 51.9% in the 1st quarter. HighTower Advisors LLC now owns 32,646 shares of the company’s stock worth $73,000 after purchasing an additional 11,150 shares during the period. Institutional investors and hedge funds own 17.94% of the company’s stock.

Taseko Mines Stock Down 0.7%

TGB opened at $4.16 on Friday. The company has a market capitalization of $1.32 billion, a PE ratio of -138.67 and a beta of 1.27. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05. Taseko Mines Limited has a fifty-two week low of $1.67 and a fifty-two week high of $4.32. The business has a 50-day moving average of $3.45 and a 200-day moving average of $2.86.

Analyst Upgrades and Downgrades

TGB has been the topic of several recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Taseko Mines in a research note on Friday, August 8th. TD Securities lowered Taseko Mines from a “strong-buy” rating to a “hold” rating and upped their price target for the company from $3.50 to $5.00 in a research report on Wednesday, July 16th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $5.00.

Taseko Mines Company Profile

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.