Taseko Mines Ltd. (TSE:TKO - Get Free Report)'s share price reached a new 52-week high on Tuesday after Paradigm Capital raised their price target on the stock from C$4.50 to C$5.25. Paradigm Capital currently has a buy rating on the stock. Taseko Mines traded as high as C$5.05 and last traded at C$4.70, with a volume of 2292552 shares changing hands. The stock had previously closed at C$4.48.
Separately, National Bankshares raised their price objective on Taseko Mines from C$4.50 to C$5.25 and gave the company an "outperform" rating in a report on Tuesday, June 24th.
View Our Latest Report on Taseko Mines
Insider Transactions at Taseko Mines
In other Taseko Mines news, Director Russell Edward Hallbauer sold 51,100 shares of the stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of C$4.60, for a total value of C$235,060.00. Corporate insiders own 2.58% of the company's stock.
Taseko Mines Stock Performance
The firm has a market capitalization of C$1.43 billion, a PE ratio of 18.46 and a beta of 1.92. The company has a fifty day moving average price of C$3.50 and a 200-day moving average price of C$3.17.
Taseko Mines Company Profile
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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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