Taseko Mines (LON:TKO) Hits New 1-Year High at $201.00

Taseko Mines Limited (LON:TKO - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 201 ($2.50) and last traded at GBX 194 ($2.42), with a volume of 6500 shares. The stock had previously closed at GBX 199.75 ($2.49).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group boosted their price objective on shares of Taseko Mines from GBX 220 ($2.74) to GBX 235 ($2.93) and gave the company a "buy" rating in a report on Monday, March 25th.

Taseko Mines Price Performance

The firm has a market cap of £582.90 million, a P/E ratio of 9,700.00 and a beta of 2.09. The company's 50-day simple moving average is GBX 139.68 and its 200 day simple moving average is GBX 114.94.

Insider Activity

In related news, insider Robert Dickinson sold 500,000 shares of the firm's stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of GBX 336 ($4.18), for a total value of £1,680,000 ($2,091,373.09). Insiders own 3.23% of the company's stock.

Taseko Mines Company Profile

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.