Taseko Mines Limited (NYSE:TGB - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $1.74 and last traded at $1.81, with a volume of 5776342 shares changing hands. The stock had previously closed at $2.06.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Taseko Mines from a "hold" rating to a "sell" rating in a research report on Friday, February 21st.
Check Out Our Latest Stock Analysis on Taseko Mines
Taseko Mines Stock Up 4.5 %
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 stock has a market cap of $613.48 million, a price-to-earnings ratio of -65.47 and a beta of 1.48. The firm has a 50 day simple moving average of $2.14 and a two-hundred day simple moving average of $2.15.
Institutional Trading of Taseko Mines
A number of institutional investors have recently made changes to their positions in the business. Quantinno Capital Management LP bought a new position in Taseko Mines in the third quarter valued at approximately $38,000. Abacus Wealth Partners LLC bought a new position in shares of Taseko Mines in the fourth quarter valued at $29,000. BIP Wealth LLC acquired a new position in Taseko Mines during the fourth quarter worth $30,000. Cadence Bank bought a new stake in Taseko Mines during the fourth quarter worth $32,000. Finally, Lido Advisors LLC acquired a new stake in Taseko Mines in the fourth quarter valued at $37,000. Institutional investors own 17.94% of the company's stock.
Taseko Mines Company Profile
(
Get 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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