Taseko Mines (LON:TKO) Sets New 52-Week High - What's Next?

Shares of Taseko Mines Limited (LON:TKO - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 273.10 ($3.66) and last traded at GBX 273.10 ($3.66), with a volume of 2393 shares traded. The stock had previously closed at GBX 262.10 ($3.51).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 290 ($3.88) target price on shares of Taseko Mines in a report on Monday, June 9th.

Taseko Mines Trading Down 5.6%

The company has a market cap of £1.36 billion, a PE ratio of 16.27 and a beta of 1.92. The firm has a 50 day moving average of GBX 195.99 and a two-hundred day moving average of GBX 176.35.

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.