Taseko Mines (LON:TKO) Trading Up 2.7% - Should You Buy?

Taseko Mines Limited (LON:TKO - Get Free Report) shares rose 2.7% during mid-day trading on Monday . The stock traded as high as GBX 229 ($3.14) and last traded at GBX 229 ($3.14). Approximately 739 shares traded hands during trading, a decline of 88% from the average daily volume of 5,981 shares. The stock had previously closed at GBX 223 ($3.06).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 290 ($3.98) price target on shares of Taseko Mines in a research note on Monday, June 9th.

Taseko Mines Stock Up 2.7%

The business's fifty day moving average is GBX 178.14 and its two-hundred day moving average is GBX 169.83. The firm has a market cap of £1.24 billion, a price-to-earnings ratio of 14.84 and a beta of 1.92.

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.

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