CenterBook Partners LP lowered its stake in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 10.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,444,373 shares of the company's stock after selling 292,775 shares during the period. CenterBook Partners LP owned approximately 0.80% of Taseko Mines worth $4,742,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in TGB. Quantinno Capital Management LP acquired a new position in Taseko Mines during the 3rd quarter worth approximately $38,000. Abacus Wealth Partners LLC bought a new stake in shares of Taseko Mines during the fourth quarter worth about $29,000. Envestnet Asset Management Inc. bought a new stake in Taseko Mines during the 4th quarter worth approximately $62,000. LPL Financial LLC purchased a new stake in Taseko Mines in the 4th quarter valued at $70,000. Finally, Prairiewood Capital LLC purchased a new stake in shares of Taseko Mines in the fourth quarter valued at about $76,000. Institutional investors own 17.94% of the company's stock.
Analyst Ratings Changes
Separately, StockNews.com upgraded Taseko Mines from a "sell" rating to a "hold" rating in a research note on Friday.
View Our Latest Analysis on TGB
Taseko Mines Stock Performance
Shares of Taseko Mines stock traded up $0.09 during trading hours on Monday, hitting $2.07. 12,124,397 shares of the company's stock traded hands, compared to its average volume of 5,152,298. The stock has a market capitalization of $642.06 million, a price-to-earnings ratio of -68.90 and a beta of 1.48. Taseko Mines Limited has a 12-month low of $1.67 and a 12-month high of $3.15. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05. The company has a fifty day simple moving average of $2.14 and a 200-day simple moving average of $2.15.
Taseko Mines Company Profile
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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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