Taseko Mines (TSE:TKO) Director Russell Edward Hallbauer Sells 4,500 Shares

Key Points

• Director Russell Edward Hallbauer sold 4,500 shares of Taseko Mines on September 30th for a total of C$26,550, reducing his ownership by 0.25% to 1,802,750 shares.
• Taseko Mines' stock is currently trading at C$5.43, with a market capitalization of C$1.72 billion and a 52-week trading range between C$2.38 and C$6.73.
• Analysts have varying ratings on Taseko Mines, with one strong buy, two buys, and one hold, and a consensus target price of C$5.83.

Taseko Mines Ltd. (TSE:TKO - Get Free Report) Director Russell Edward Hallbauer sold 4,500 shares of Taseko Mines stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of C$5.90, for a total transaction of C$26,550.00. Following the completion of the transaction, the director owned 1,802,750 shares of the company's stock, valued at C$10,636,225. This trade represents a 0.25% decrease in their position.

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

• On Thursday, October 2nd, Russell Edward Hallbauer sold 30,000 shares of Taseko Mines stock. The stock was sold at an average price of C$5.89, for a total transaction of C$176,700.00.
• On Wednesday, July 23rd, Russell Edward Hallbauer sold 15,000 shares of Taseko Mines stock. The shares were sold at an average price of C$4.80, for a total transaction of C$72,000.00.

Taseko Mines Stock Performance

Shares of TSE:TKO traded down C$0.25 during trading on Friday, hitting C$5.43. The company's stock had a trading volume of 935,963 shares, compared to its average volume of 627,351. The business has a 50 day moving average price of C$5.09 and a two-hundred day moving average price of C$4.13. The company has a market capitalization of C$1.72 billion, a PE ratio of -54.30 and a beta of 1.74. Taseko Mines Ltd. has a fifty-two week low of C$2.38 and a fifty-two week high of C$6.73.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TKO. National Bankshares upped their price target on Taseko Mines from C$6.25 to C$7.25 in a report on Wednesday, October 8th. Paradigm Capital raised their target price on shares of Taseko Mines from C$4.50 to C$5.25 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, TD Securities downgraded shares of Taseko Mines from a "strong-buy" rating to a "hold" rating and lifted their price target for the stock from C$3.50 to C$5.00 in a research note on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of C$5.83.

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.

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