Signaturefd LLC Increases Stock Position in Taseko Mines Limited (NYSE:TGB)

Signaturefd LLC lifted its holdings in shares of Taseko Mines Limited (NYSE:TGB) by 21.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,808 shares of the company’s stock after acquiring an additional 8,397 shares during the quarter. Signaturefd LLC’s holdings in Taseko Mines were worth $118,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. American Century Companies Inc. lifted its holdings in shares of Taseko Mines by 752.2% during the 2nd quarter. American Century Companies Inc. now owns 703,954 shares of the company’s stock valued at $1,734,000 after acquiring an additional 621,352 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Taseko Mines by 87.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 491,388 shares of the company’s stock valued at $1,204,000 after acquiring an additional 229,849 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Taseko Mines by 14.7% during the 2nd quarter. Renaissance Technologies LLC now owns 5,904,270 shares of the company’s stock valued at $14,465,000 after acquiring an additional 755,192 shares in the last quarter. ClariVest Asset Management LLC acquired a new position in shares of Taseko Mines during the 2nd quarter valued at $1,192,000. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Taseko Mines by 58.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 97,497 shares of the company’s stock valued at $239,000 after acquiring an additional 36,010 shares in the last quarter. Institutional investors and hedge funds own 17.94% of the company’s stock.

Taseko Mines Stock Performance

NYSE:TGB opened at $2.31 on Tuesday. The company has a current ratio of 2.09, a quick ratio of 1.34 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $693.46 million, a price-to-earnings ratio of 12.16 and a beta of 1.74. The firm’s fifty day simple moving average is $2.30 and its 200 day simple moving average is $2.39. Taseko Mines Limited has a twelve month low of $1.05 and a twelve month high of $3.15.

Taseko Mines (NYSE:TGB) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.10. Taseko Mines had a net margin of 13.07% and a return on equity of 18.82%. The firm had revenue of $100.66 million for the quarter, compared to analyst estimates of $88.01 million. As a group, equities research analysts expect that Taseko Mines Limited will post 0.15 earnings per share for the current fiscal year.

About Taseko Mines

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.