Taseko Mines Ltd. (TSE:TKO) Director Sells C$162,875.00 in Stock

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer sold 50,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of C$3.26, for a total transaction of C$162,875.00.

Taseko Mines Price Performance

Shares of TKO traded down C$0.03 during midday trading on Tuesday, reaching C$2.95. The stock had a trading volume of 672,023 shares, compared to its average volume of 486,739. The company has a market cap of C$895.21 million, a price-to-earnings ratio of 11.54 and a beta of 1.92. The company’s fifty day simple moving average is C$2.92 and its two-hundred day simple moving average is C$3.01. Taseko Mines Ltd. has a 1-year low of C$2.04 and a 1-year high of C$4.20.

Wall Street Analyst Weigh In

Several research firms recently commented on TKO. National Bank Financial raised Taseko Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. National Bankshares raised Taseko Mines from a “sector perform” rating to an “outperform” rating and lowered their price objective for the stock from C$4.50 to C$4.25 in a research report on Tuesday, December 10th.

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.