Virtu Financial LLC Purchases Shares of 49,616 Taseko Mines Limited (NYSE:TGB)

Virtu Financial LLC purchased a new position in Taseko Mines Limited (NYSE:TGB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 49,616 shares of the company’s stock, valued at approximately $96,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of TGB. Quantinno Capital Management LP acquired a new stake in shares of Taseko Mines during the third quarter worth about $38,000. Abacus Wealth Partners LLC acquired a new stake in Taseko Mines during the 4th quarter valued at approximately $29,000. Capstone Investment Advisors LLC acquired a new stake in shares of Taseko Mines in the third quarter worth $56,000. Prairiewood Capital LLC purchased a new position in shares of Taseko Mines during the fourth quarter worth $76,000. Finally, Quantbot Technologies LP acquired a new position in shares of Taseko Mines in the 3rd quarter valued at about $128,000. 17.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on TGB. StockNews.com lowered shares of Taseko Mines from a “hold” rating to a “sell” rating in a research note on Friday, February 21st. National Bank Financial raised shares of Taseko Mines from a “sector perform” rating to an “outperform” rating in a report on Tuesday, December 10th.

Taseko Mines Stock Down 7.0 %

Shares of TGB opened at $2.26 on Monday. The stock has a 50 day moving average price of $2.14 and a 200 day moving average price of $2.17. Taseko Mines Limited has a one year low of $1.77 and a one year high of $3.15. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.05 and a current ratio of 1.71. The stock has a market capitalization of $701.75 million, a price-to-earnings ratio of -75.33 and a beta of 1.61.

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.