National Bank Financial lowered shares of Taseko Mines (NYSEAMERICAN:TGB) (TSE:TKO) from an outperform rating to a sector perform rating in a research report report published on Monday morning, Briefing.com Automated Import reports. They currently have $0.90 price target on the mining company’s stock.

TGB has been the subject of several other reports. Zacks Investment Research upgraded Taseko Mines from a sell rating to a hold rating in a report on Friday. Scotiabank lowered Taseko Mines from a sector perform rating to an underperform rating in a report on Tuesday, October 15th. Finally, TD Securities lowered Taseko Mines from a speculative buy rating to a hold rating in a report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of Hold and an average price target of $0.90.

Shares of NYSEAMERICAN TGB remained flat at $$0.42 during trading hours on Monday. The company had a trading volume of 247,333 shares, compared to its average volume of 388,240. Taseko Mines has a 1-year low of $0.38 and a 1-year high of $0.79.

Several institutional investors and hedge funds have recently modified their holdings of TGB. United Capital Financial Advisers LLC acquired a new position in Taseko Mines in the second quarter valued at about $54,000. Morgan Stanley lifted its stake in Taseko Mines by 95.0% in the second quarter. Morgan Stanley now owns 346,703 shares of the mining company’s stock valued at $184,000 after buying an additional 168,889 shares during the period. PenderFund Capital Management Ltd. acquired a new position in Taseko Mines in the second quarter valued at about $14,177,000. Finally, Renaissance Technologies LLC lifted its stake in Taseko Mines by 10.3% in the second quarter. Renaissance Technologies LLC now owns 8,082,234 shares of the mining company’s stock valued at $4,284,000 after buying an additional 751,444 shares during the period.

Taseko Mines Company Profile

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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