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.

Taseko Mines (NYSEAMERICAN:TGB) (TSE:TKO) last issued its quarterly earnings data on Tuesday, February 12th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.01). The business had revenue of $84.09 million during the quarter.

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.

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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.

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Institutional Ownership by Quarter for Taseko Mines (NYSEAMERICAN:TGB)

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