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Taseko Mines (TSE:TKO) Stock Price Expected to Rise, National Bankshares Analyst Says

Taseko Mines logo with Basic Materials background

Taseko Mines (TSE:TKO - Get Free Report) had its target price hoisted by equities research analysts at National Bankshares from C$4.50 to C$5.25 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price objective would suggest a potential upside of 25.30% from the company's previous close.

Taseko Mines Stock Performance

Shares of Taseko Mines stock traded down C$0.13 during trading on Tuesday, hitting C$4.19. 524,525 shares of the company's stock were exchanged, compared to its average volume of 603,409. The business has a 50-day simple moving average of C$3.31 and a 200-day simple moving average of C$3.09. The stock has a market capitalization of C$1.27 billion, a price-to-earnings ratio of 16.39 and a beta of 1.92. Taseko Mines has a 52-week low of C$2.38 and a 52-week high of C$4.33.

About Taseko Mines

(Get Free Report)

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.

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