Taseko Mines Ltd. (TSE:TKO) Director Purchases 20,000 Shares of Stock

Taseko Mines Ltd. (TSE:TKO - Get Free Report) Director Russell Edward Hallbauer acquired 20,000 shares of Taseko Mines stock in a transaction that occurred on Thursday, July 10th. The shares were purchased at an average cost of C$4.70 per share, with a total value of C$94,000.00.

Russell Edward Hallbauer also recently made the following trade(s):

• On Wednesday, July 2nd, Russell Edward Hallbauer sold 51,100 shares of Taseko Mines stock. The shares were sold at an average price of C$4.60, for a total transaction of C$235,060.00.
• On Thursday, June 26th, Russell Edward Hallbauer sold 50,000 shares of Taseko Mines stock. The shares were sold at an average price of C$4.20, for a total transaction of C$210,000.00.

Taseko Mines Trading Down 1.1%

TSE TKO traded down C$0.05 on Thursday, reaching C$4.45. The company's stock had a trading volume of 363,706 shares, compared to its average volume of 618,336. Taseko Mines Ltd. has a 52 week low of C$2.38 and a 52 week high of C$5.05. The firm has a market cap of C$1.35 billion, a PE ratio of 17.41 and a beta of 1.92. The business has a 50-day moving average price of C$3.76 and a 200 day moving average price of C$3.25.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. TD Securities lowered Taseko Mines from a "buy" rating to a "hold" rating and raised their target price for the company from C$3.50 to C$5.00 in a report on Wednesday. Paradigm Capital raised their price objective on Taseko Mines from C$4.50 to C$5.25 and gave the company a "buy" rating in a research note on Monday, July 7th. Finally, National Bankshares lifted their price target on shares of Taseko Mines from C$4.50 to C$5.25 and gave the company an "outperform" rating in a research report on Tuesday, June 24th.

About Taseko Mines

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.