Taseko Mines (LON:TKO) Stock Price Down 1.5% – Should You Sell?

Shares of Taseko Mines Limited (LON:TKO) fell 1.5% on Friday . The company traded as low as GBX 162.50 ($2.07) and last traded at GBX 162.50 ($2.07). 9,594 shares traded hands during trading, an increase of 52% from the average session volume of 6,332 shares. The stock had previously closed at GBX 165 ($2.10).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 275 ($3.50) price objective on shares of Taseko Mines in a research report on Thursday, November 7th.

Taseko Mines Trading Down 1.5 %

The company has a market capitalization of £476.69 million, a PE ratio of 1,625.00 and a beta of 1.92. The stock has a fifty day moving average of GBX 178.96 and a two-hundred day moving average of GBX 182.23.

Taseko Mines Company Profile

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.