Taseko Mines Ltd. (TSE:TKO) Director Purchases C$31,680.00 in Stock

Taseko Mines Ltd. (TSE:TKO) Director Anu Dhir bought 44,000 shares of Taseko Mines stock in a transaction dated Monday, January 13th. The shares were bought at an average cost of C$0.72 per share, for a total transaction of C$31,680.00.

Taseko Mines Stock Up 0.7 %

Shares of Taseko Mines stock traded up C$0.02 during mid-day trading on Wednesday, hitting C$2.91. The stock had a trading volume of 128,263 shares, compared to its average volume of 336,507. The firm has a 50-day moving average of C$2.92 and a two-hundred day moving average of C$3.05. Taseko Mines Ltd. has a 12-month low of C$1.72 and a 12-month high of C$4.20. The firm has a market cap of C$853.65 million, a P/E ratio of 17.12 and a beta of 1.92.

Wall Street Analyst Weigh In

TKO has been the subject of several research reports. National Bank Financial upgraded shares of Taseko Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and reduced their price target 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.