Taseko Mines (NYSE:TGB) Sets New 52-Week High - Time to Buy?

Taseko Mines Limited (NYSE:TGB - Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $5.63 and last traded at $5.5950, with a volume of 618246 shares. The stock had previously closed at $5.50.Taseko Mines Trading Up 2.8%The business's 50-day moving average price is $4.65 and its 200-day moving average price is $3.83. The firm has a market capitalization of $2.04 billion, a PE ratio of -188.50 and a beta of 1.35. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05. Institutional Trading of Taseko MinesHedge funds have recently added to or reduced their stakes in the stock. L1 Capital Pty Ltd acquired a new position in shares of Taseko Mines in the first quarter valued at approximately $28,243,000. JPMorgan Chase & Co. grew its position in Taseko Mines by 261.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,019,297 shares of the company's stock valued at $12,661,000 after buying an additional 2,907,611 shares during the last quarter. Montrusco Bolton Investments Inc. acquired a new position in Taseko Mines in the 3rd quarter valued at $12,260,000. Mackenzie Financial Corp increased its stake in Taseko Mines by 121.7% in the 3rd quarter. Mackenzie Financial Corp now owns 3,556,688 shares of the company's stock valued at $15,075,000 after buying an additional 1,952,116 shares during the period. Finally, Mudita Advisors LLP raised its position in Taseko Mines by 75.4% during the 3rd quarter. Mudita Advisors LLP now owns 2,788,401 shares of the company's stock worth $11,795,000 after buying an additional 1,198,700 shares during the last quarter. 17.94% of the stock is owned by institutional investors and hedge funds. About Taseko Mines (Get Free Report)Taseko Mines Ltd. is a Vancouver‐based mining company primarily engaged in the exploration, development and production of copper‐based projects. Its flagship operation is the Gibraltar copper mine in central British Columbia, which ranks among Canada's largest open pit copper producers. In addition to copper, Gibraltar yields byproducts such as molybdenum and silver, reflecting Taseko's focus on base and precious metals. Beyond Gibraltar, Taseko holds two advanced development assets. The Florence Copper project in Arizona employs an in‐situ recovery process to extract copper, positioning it as one of North America's first large‐scale applications of this technology.Further ReadingFive stocks we like better than Taseko MinesThis AI–Quantum Company Expects to Hit $274M in Revenue for 2025Wall Street Stock picker Names #1 Stock of 2026Do not delete, read immediatelyBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyGOLD ALERTThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Taseko Mines Right Now?Before you consider Taseko Mines, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taseko Mines wasn't on the list.While Taseko Mines currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here