Canaccord Genuity Group Reaffirms “Buy” Rating for Taseko Mines (LON:TKO)

Canaccord Genuity Group reiterated their buy rating on shares of Taseko Mines (LON:TKO) in a research report released on Thursday morning, Marketbeat.com reports. The firm currently has a GBX 285 ($3.67) target price on the stock.

Taseko Mines Price Performance

Shares of LON:TKO opened at GBX 170 ($2.19) on Thursday. The company has a market capitalization of £495.47 million, a PE ratio of 1,307.69 and a beta of 2.09. The business has a fifty day moving average price of GBX 190.72 and a two-hundred day moving average price of GBX 168.74. Taseko Mines has a 1 year low of GBX 81 ($1.04) and a 1 year high of GBX 238 ($3.06).

About Taseko Mines

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.