Taseko Mines (LON:TKO) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Taseko Mines (LON:TKO - Free Report) in a research report sent to investors on Monday morning, MarketBeat.com reports. The firm currently has a GBX 290 ($3.95) target price on the stock.

Taseko Mines Stock Down 0.0%

Taseko Mines stock traded down GBX 0.10 ($0.00) on Monday, hitting GBX 214.90 ($2.93). The company's stock had a trading volume of 3,696 shares, compared to its average volume of 5,930. The firm has a market cap of £1.16 billion, a P/E ratio of 13.93 and a beta of 1.92. The company has a fifty day moving average price of GBX 161.78 and a 200-day moving average price of GBX 165.19. Taseko Mines has a one year low of GBX 125.50 ($1.71) and a one year high of GBX 226 ($3.08).

About Taseko Mines

Taseko Mines is a dynamic and growing mining company focused on the operation and development of copper mines in North America. Headquartered in Vancouver, Taseko operates the state-of-the-art Gibraltar Mine (100% owned), the second largest copper mine in Canada, with a nearly 700-person workforce producing an average of 140 million pounds of copper and 2.5 million pounds of molybdenum per year. In addition to the Yellowhead copper project and the Aley niobium project, Taseko is also advancing the Florence Copper project in Arizona – a near-term copper producer with an unparalleled energy, water and GHG profile per unit of production.