RBC Boosts Stake in Copper Miner Taseko Mines
Royal Bank of Canada (RBC) has significantly increased its stake in Taseko Mines Limited (TGB), acquiring an additional 1,375,912 shares in the first quarter. This brings RBC's total holdings to 1,512,151 shares, representing a 1,009.9% increase from the previous period.
The value of these shares is approximately $9,753,000, accounting for about 0.41% of Taseko Mines' outstanding stock. This investment underscores RBC's confidence in the company's growth potential and copper production capabilities.