Anthracite Investment Company Inc. Boosts Stock Holdings in Taseko Mines Limited (NYSE:TGB)

Anthracite Investment Company Inc. boosted its stake in shares of Taseko Mines Limited (NYSE:TGB) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,579,460 shares of the company’s stock after purchasing an additional 96,000 shares during the quarter. Taseko Mines makes up 1.8% of Anthracite Investment Company Inc.’s investment portfolio, making the stock its 14th biggest holding. Anthracite Investment Company Inc.’s holdings in Taseko Mines were worth $3,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Dakota Wealth Management raised its holdings in Taseko Mines by 1.5% during the third quarter. Dakota Wealth Management now owns 457,939 shares of the company’s stock worth $1,154,000 after purchasing an additional 6,973 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Taseko Mines by 7.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 103,682 shares of the company’s stock valued at $261,000 after acquiring an additional 7,070 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Taseko Mines by 21.9% during the third quarter. Signaturefd LLC now owns 46,808 shares of the company’s stock worth $118,000 after purchasing an additional 8,397 shares during the last quarter. Keystone Wealth Services LLC purchased a new position in Taseko Mines during the 2nd quarter worth approximately $37,000. Finally, SG Americas Securities LLC purchased a new stake in Taseko Mines in the 3rd quarter valued at $38,000. 17.94% of the stock is currently owned by institutional investors and hedge funds.

Taseko Mines Trading Up 2.0 %

Shares of Taseko Mines stock opened at $2.09 on Wednesday. The company’s fifty day moving average is $2.33 and its two-hundred day moving average is $2.37. Taseko Mines Limited has a 1 year low of $1.14 and a 1 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 company has a market capitalization of $627.41 million, a P/E ratio of 11.00 and a beta of 1.77.

Taseko Mines (NYSE:TGB) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). Taseko Mines had a return on equity of 15.25% and a net margin of 12.69%. The business had revenue of $114.08 million for the quarter, compared to analyst estimates of $112.48 million. Analysts forecast that Taseko Mines Limited will post 0.16 earnings per share for the current year.

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.