Taseko Mines (TKO) Set to Announce Quarterly Earnings on Wednesday

Taseko Mines (TSE:TKO) will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Taseko Mines to post earnings of C($0.01) per share for the quarter.

Taseko Mines Price Performance

TSE:TKO traded up C$0.09 during mid-day trading on Tuesday, hitting C$3.19. The company’s stock had a trading volume of 119,650 shares, compared to its average volume of 415,805. The firm has a market cap of C$935.79 million, a P/E ratio of 18.59 and a beta of 1.92. Taseko Mines has a fifty-two week low of C$1.56 and a fifty-two week high of C$4.20. The company has a fifty day simple moving average of C$3.16.

Insider Transactions at Taseko Mines

In other news, Director Russell Edward Hallbauer purchased 25,000 shares of Taseko Mines stock in a transaction on Wednesday, August 7th. The shares were purchased at an average cost of C$2.73 per share, for a total transaction of C$68,250.00. 2.58% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, National Bankshares raised their target price on Taseko Mines from C$4.25 to C$4.50 in a research report on Friday, October 4th.

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.