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Insider Selling: Taseko Mines Ltd. (TSE:TKO) Senior Officer Sells 35,000 Shares of Stock

Taseko Mines logo with Basic Materials background

Taseko Mines Ltd. (TSE:TKO - Get Free Report) Senior Officer Trevor Thomas sold 35,000 shares of the company's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of C$4.92, for a total transaction of C$172,200.00.

Taseko Mines Price Performance

TKO traded down C$0.07 during midday trading on Friday, hitting C$4.91. 242,976 shares of the company's stock traded hands, compared to its average volume of 623,292. The company has a market cap of C$1.49 billion, a PE ratio of 19.20 and a beta of 1.92. The stock's fifty day simple moving average is C$3.59 and its 200-day simple moving average is C$3.20. Taseko Mines Ltd. has a one year low of C$2.38 and a one year high of C$5.05.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Paradigm Capital upped their price objective on shares of Taseko Mines from C$4.50 to C$5.25 and gave the company a "buy" rating in a research note on Monday. National Bankshares increased their price target on shares of Taseko Mines from C$4.50 to C$5.25 and gave the stock an "outperform" rating in a research report on Tuesday, June 24th.

Check Out Our Latest Research Report on Taseko Mines

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.

Further Reading

Insider Buying and Selling by Quarter for Taseko Mines (TSE:TKO)

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