Taseko Mines Ltd. (TSE:TKO) Director Kenneth William Pickering Buys 15,000 Shares

Taseko Mines Ltd. (TSE:TKO) Director Kenneth William Pickering purchased 15,000 shares of the stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of C$3.25 per share, for a total transaction of C$48,750.00.

Taseko Mines Stock Down 1.9 %

TSE TKO traded down C$0.05 during midday trading on Monday, hitting C$2.55. The company had a trading volume of 1,107,647 shares, compared to its average volume of 561,196. The firm has a fifty day simple moving average of C$3.08 and a two-hundred day simple moving average of C$3.07. Taseko Mines Ltd. has a fifty-two week low of C$2.45 and a fifty-two week high of C$4.20. The stock has a market cap of C$773.83 million, a price-to-earnings ratio of 9.97 and a beta of 1.92.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. National Bank Financial upgraded Taseko Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. National Bankshares increased their price objective on 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.

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.