Taseko Mines (TSE:TKO) Price Target Raised to C$5.25 at Paradigm Capital

Taseko Mines (TSE:TKO - Get Free Report) had its target price hoisted by analysts at Paradigm Capital from C$4.50 to C$5.25 in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Paradigm Capital's price objective points to a potential upside of 5.42% from the stock's current price.

Separately, National Bankshares lifted their target price 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.

Taseko Mines Stock Up 7.8%

Shares of TSE:TKO traded up C$0.36 during trading on Monday, hitting C$4.98. 966,689 shares of the stock traded hands, compared to its average volume of 626,206. The company has a market cap of C$1.51 billion, a price-to-earnings ratio of 19.48 and a beta of 1.92. The company has a fifty day moving average price of C$3.59 and a two-hundred day moving average price of C$3.20. Taseko Mines has a 52-week low of C$2.38 and a 52-week high of C$5.05.

Insider Activity at Taseko Mines

In related news, Senior Officer Trevor Thomas sold 35,000 shares of the business'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. Also, Director Russell Edward Hallbauer sold 51,100 shares of the business's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of C$4.60, for a total transaction of C$235,060.00. Over the last ninety days, insiders have sold 136,100 shares of company stock valued at $617,260. Insiders own 2.58% of the company's stock.

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.