419,803 Shares in Taseko Mines Ltd (TGB) Purchased by Mirae Asset Global Investments Co. Ltd.
Mirae Asset Global Investments Co. Ltd. purchased a new stake in Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO) in the fourth quarter, HoldingsChannel reports. The firm purchased 419,803 shares of the mining company’s stock, valued at approximately $200,000.
Several other hedge funds also recently made changes to their positions in TGB. CIBC World Markets Inc. increased its stake in shares of Taseko Mines by 44.7% in the 3rd quarter. CIBC World Markets Inc. now owns 492,198 shares of the mining company’s stock valued at $394,000 after acquiring an additional 152,148 shares during the last quarter. Credit Suisse AG bought a new stake in shares of Taseko Mines in the 3rd quarter valued at about $640,000. Bank of Montreal Can increased its stake in shares of Taseko Mines by 37,886.9% in the 4th quarter. Bank of Montreal Can now owns 6,129,570 shares of the mining company’s stock valued at $2,899,000 after acquiring an additional 6,113,434 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Taseko Mines by 11.1% in the 3rd quarter. Renaissance Technologies LLC now owns 6,994,904 shares of the mining company’s stock valued at $5,596,000 after acquiring an additional 699,104 shares during the last quarter.
Shares of TGB opened at $0.59 on Thursday. Taseko Mines Ltd has a 52-week low of $0.44 and a 52-week high of $1.40.
TGB has been the subject of several research analyst reports. Zacks Investment Research upgraded Taseko Mines from a “sell” rating to a “hold” rating in a research report on Wednesday, November 28th. National Bank Financial reiterated a “buy” rating on shares of Taseko Mines in a research report on Wednesday, December 5th.
About Taseko Mines
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper-molybdenum mine located in south-central British Columbia.
Recommended Story: How are Outstanding Shares Different from Authorized Shares?
Want to see what other hedge funds are holding TGB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO).
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.