Taseko Mines Ltd. (TSE:TKO - Get Free Report) shares traded down 2.8% on Friday . The company traded as low as C$3.85 and last traded at C$3.88. 480,114 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 607,658 shares. The stock had previously closed at C$3.99.
Wall Street Analysts Forecast Growth
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 research note on Tuesday.
Get Our Latest Research Report on TKO
Taseko Mines Trading Up 0.5%
The firm has a market cap of C$1.20 billion, a price-to-earnings ratio of 15.49 and a beta of 1.92. The firm has a 50 day moving average price of C$3.24 and a 200-day moving average price of C$3.07.
Insider Buying and Selling at Taseko Mines
In related news, Director Kenneth William Pickering purchased 15,000 shares of the business's stock in a transaction dated Friday, March 28th. The stock was bought at an average cost of C$3.25 per share, with a total value of C$48,750.00. Insiders own 2.58% of the company's stock.
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.
Read More
Before you consider Taseko Mines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taseko Mines wasn't on the list.
While Taseko Mines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
