Dimensional Fund Advisors LP Has $1.20 Million Holdings in Taseko Mines Limited (NYSE:TGB)

Dimensional Fund Advisors LP grew its stake in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 87.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 491,388 shares of the company's stock after purchasing an additional 229,849 shares during the period. Dimensional Fund Advisors LP owned about 0.17% of Taseko Mines worth $1,204,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Keystone Wealth Services LLC bought a new position in shares of Taseko Mines during the second quarter valued at about $37,000. Quantbot Technologies LP bought a new stake in shares of Taseko Mines in the 1st quarter worth about $307,000. CANADA LIFE ASSURANCE Co grew its stake in Taseko Mines by 1,135.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 142,436 shares of the company's stock worth $306,000 after acquiring an additional 130,905 shares in the last quarter. Herr Investment Group LLC purchased a new stake in Taseko Mines during the first quarter valued at approximately $326,000. Finally, ClariVest Asset Management LLC purchased a new position in shares of Taseko Mines in the second quarter worth $1,192,000. 17.94% of the stock is owned by institutional investors.

Taseko Mines Price Performance

Shares of NYSE:TGB traded up $0.01 during midday trading on Friday, hitting $2.52. The company's stock had a trading volume of 4,018,496 shares, compared to its average volume of 3,457,190. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.34 and a current ratio of 2.09. The business's 50 day simple moving average is $2.24 and its 200 day simple moving average is $2.39. Taseko Mines Limited has a 12-month low of $1.05 and a 12-month high of $3.15. The company has a market cap of $747.66 million, a P/E ratio of 13.26 and a beta of 1.74.

Taseko Mines (NYSE:TGB - Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.10. Taseko Mines had a net margin of 13.07% and a return on equity of 18.82%. The business had revenue of $100.66 million during the quarter, compared to analysts' expectations of $88.01 million. On average, analysts forecast that Taseko Mines Limited will post 0.18 EPS for the current year.

Taseko Mines 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.