Can Taseko Mines LTD. (NYSEAMERICAN:TGB)’s Tomorrow Be Different? The Stock Had Decline in Shorts

July 14, 2018 - By Duane Lopez

The stock of Taseko Mines LTD. (NYSEAMERICAN:TGB) registered a decrease of 8.39% in short interest. TGB’s total short interest was 336,400 shares in July as published by FINRA. Its down 8.39% from 367,200 shares, reported previously. With 485,400 shares average volume, it will take short sellers 1 days to cover their TGB’s short positions. The short interest to Taseko Mines LTD.’s float is 0.15%.

It closed at $1.04 lastly. It is down 13.74% since July 14, 2017 and is downtrending. It has underperformed by 26.31% the S&P500.

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company has market cap of $238.02 million. The firm explores for copper, molybdenum, gold, niobium, and silver deposits. It currently has negative earnings. It holds a 75% interest in the Gibraltar copper mine located in central British Columbia.

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