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NEW YORK ( TheStreet) -- Taseko Mines Ltd NPL (AMEX: TGB) hit a new 52-week low Thursday as it is currently trading at $2.59, below its previous 52-week low of $2.67 with 442,438 shares traded as of 10:56 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Taseko Mines Ltd NPL has a market cap of $566.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 49% year to date as of the close of trading on Wednesday. Taseko Mines Limited engages in the exploration, development, and operation of mineral properties in British Columbia, Canada. The company has a P/E ratio of 26.4, above the average metals & mining industry P/E ratio of 20.6 and above the S&P 500 P/E ratio of 17.7.