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Taseko Mines (TSE:TKO) Trading Up 15.4% - Time to Buy?

Taseko Mines logo with Basic Materials background

Taseko Mines Ltd. (TSE:TKO - Get Free Report)'s stock price traded up 15.4% on Friday . The company traded as high as C$4.14 and last traded at C$4.11. 2,075,444 shares were traded during trading, an increase of 254% from the average session volume of 586,138 shares. The stock had previously closed at C$3.56.

Analyst Ratings Changes

Separately, National Bankshares lifted their target price on shares of Taseko Mines from C$4.25 to C$4.50 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd.

Read Our Latest Stock Report on TKO

Taseko Mines Price Performance

The stock has a market capitalization of C$1.27 billion, a price-to-earnings ratio of 16.39 and a beta of 1.92. The stock has a 50 day moving average price of C$2.95 and a 200-day moving average price of C$2.98.

Insider Transactions at Taseko Mines

In other Taseko Mines news, Director Russell Edward Hallbauer sold 50,000 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$1.23, for a total transaction of C$61,500.00. Also, Director Kenneth William Pickering bought 15,000 shares of the company's stock in a transaction on Friday, March 28th. The stock was bought at an average price of C$3.25 per share, with a total value of C$48,750.00. Insiders own 2.58% of the company's stock.

Taseko Mines Company Profile

(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.

See Also

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