Equities research analysts at Jefferies Financial Group started coverage on shares of Taseko Mines (NYSEAMERICAN:TGB – Get Free Report) in a note issued to investors on Thursday. The firm set a “buy” rating on the stock.
TGB has been the topic of a number of other reports. Zacks Research raised Taseko Mines from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Cantor Fitzgerald raised Taseko Mines from a “buy” rating to a “buy” rating and set a $9.00 price target for the company in a report on Thursday, May 7th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Taseko Mines has a consensus rating of “Moderate Buy” and a consensus price target of $9.00.
Get Our Latest Stock Analysis on Taseko Mines
Taseko Mines Stock Performance
Hedge Funds Weigh In On Taseko Mines
Several large investors have recently modified their holdings of the stock. L1 Capital Pty Ltd grew its stake in Taseko Mines by 45.2% in the fourth quarter. L1 Capital Pty Ltd now owns 35,545,632 shares of the company’s stock worth $201,190,000 after purchasing an additional 11,066,233 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Taseko Mines by 11.7% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,126,773 shares of the company’s stock worth $34,376,000 after buying an additional 854,016 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in Taseko Mines by 78.6% during the 4th quarter. Mackenzie Financial Corp now owns 6,350,898 shares of the company’s stock worth $35,818,000 after buying an additional 2,794,210 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Taseko Mines by 4.9% in the 1st quarter. Renaissance Technologies LLC now owns 5,682,070 shares of the company’s stock worth $36,649,000 after acquiring an additional 267,640 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Taseko Mines by 215.3% in the 1st quarter. Bank of America Corp DE now owns 4,577,781 shares of the company’s stock worth $29,527,000 after acquiring an additional 3,125,829 shares in the last quarter. Institutional investors own 17.94% of the company’s stock.
About Taseko Mines
Taseko Mines Ltd. is a Vancouver‐based mining company primarily engaged in the exploration, development and production of copper‐based projects. Its flagship operation is the Gibraltar copper mine in central British Columbia, which ranks among Canada’s largest open pit copper producers. In addition to copper, Gibraltar yields byproducts such as molybdenum and silver, reflecting Taseko’s focus on base and precious metals.
Beyond Gibraltar, Taseko holds two advanced development assets.
Read More
- Five stocks we like better than Taseko Mines
- Diamondback Hits a Milestone at Just the Right Time
- Analog Devices’ AI Pivot Could Push Shares to Fresh Highs
- One Platform, Every Ailment: Hinge Health’s Gamble
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
Receive News & Ratings for Taseko Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taseko Mines and related companies with MarketBeat.com's FREE daily email newsletter.
