Taseko Mines (NYSEAMERICAN:TGB) Reaches New 52-Week High – What’s Next?

Posted by Brian Himes on Aug 29th, 2026

Taseko Mines Limited (NYSEAMERICAN:TGB – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.66 and last traded at $9.7150, with a volume of 7096695 shares changing hands. The stock had previously closed at $9.23.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TGB. Cantor Fitzgerald raised Taseko Mines from a “buy” rating to a “buy” rating and set a $9.00 target price for the company in a research note on Thursday, May 7th. Zacks Research upgraded Taseko Mines from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Finally, Jefferies Financial Group started coverage on Taseko Mines in a research note on Thursday, August 20th. They set a “buy” rating for the company. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Taseko Mines currently has an average rating of “Moderate Buy” and an average target price of $9.00.

View Our Latest Analysis on TGB

Taseko Mines Trading Down 5.2%

The stock has a market capitalization of $3.36 billion, a P/E ratio of 459.23 and a beta of 1.31. The stock has a 50-day moving average price of $7.63 and a two-hundred day moving average price of $7.39. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.76 and a current ratio of 1.24.

Hedge Funds Weigh In On Taseko Mines

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd bought a new stake in Taseko Mines during the 4th quarter valued at approximately $35,000. Ausdal Financial Partners Inc. purchased a new stake in Taseko Mines in the second quarter worth $52,000. Marex Group plc purchased a new stake in Taseko Mines in the fourth quarter worth $61,000. Brevan Howard Capital Management LP bought a new position in Taseko Mines in the third quarter worth $61,000. Finally, SIH Partners LLLP bought a new position in Taseko Mines in the third quarter worth $62,000. Hedge funds and other institutional investors own 17.94% of the company’s stock.

Taseko Mines Company Profile

(Get Free Report)

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.