Taseko Mines Ltd. (TSE:TKO - Get Free Report) shares were up 3.3% during mid-day trading on Thursday . The stock traded as high as C$3.15 and last traded at C$3.13. Approximately 561,800 shares were traded during trading, a decline of 2% from the average daily volume of 572,264 shares. The stock had previously closed at C$3.03.
Analysts Set New Price Targets
Separately, National Bankshares boosted their target price on Taseko Mines from C$4.25 to C$4.50 and gave the company an "outperform" rating in a research note on Wednesday, April 2nd.
Check Out Our Latest Stock Analysis on TKO
Taseko Mines Price Performance
The stock has a market capitalization of C$995.36 million, a PE ratio of 12.83 and a beta of 1.92. The company has a 50 day moving average price of C$2.92 and a 200-day moving average price of C$2.96.
Insider Buying and Selling
In other news, Director Kenneth William Pickering purchased 15,000 shares of Taseko Mines stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average cost of C$3.25 per share, with a total value of C$48,750.00. Also, Director Russell Edward Hallbauer sold 50,000 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$1.23, for a total value of C$61,500.00. 2.58% of the stock is owned by insiders.
About Taseko Mines
(
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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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