Taseko Mines Ltd. (TSE:TKO - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$5.21 and last traded at C$5.19, with a volume of 140076 shares. The stock had previously closed at C$5.17.
Analyst Ratings Changes
Several research analysts recently commented on the stock. TD Securities lowered shares of Taseko Mines from a "strong-buy" rating to a "hold" rating and raised their price target for the company from C$3.50 to C$5.00 in a report on Wednesday, July 16th. Paradigm Capital raised their price target 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, National Bankshares raised 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 report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$5.17.
Check Out Our Latest Stock Report on Taseko Mines
Taseko Mines Stock Performance
The stock has a 50 day moving average of C$4.57 and a two-hundred day moving average of C$3.80. The stock has a market cap of C$1.67 billion, a PE ratio of -52.60 and a beta of 1.31.
Insider Transactions at Taseko Mines
In other news, Senior Officer Richard James Weymark sold 34,000 shares of the company's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of C$4.91, for a total transaction of C$166,940.00. Also, Senior Officer Trevor Thomas sold 35,000 shares of the company's stock in a transaction on Thursday, July 10th. The shares were sold at an average price of C$4.92, for a total value of C$172,200.00. In the last 90 days, insiders sold 335,100 shares of company stock worth $1,615,950. 2.58% of the stock is owned by corporate insiders.
About Taseko Mines
(
Get Free Report)
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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