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 dated 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 Trading Down 1.0 %

TSE:TKO opened at C$2.95 on Wednesday. The company has a 50-day moving average price of C$2.92 and a 200-day moving average price of C$3.01. The stock has a market cap of C$895.21 million, a price-to-earnings ratio of 11.54 and a beta of 1.92. Taseko Mines Ltd. has a 12 month low of C$2.04 and a 12 month high of C$4.20.

Analyst Upgrades and Downgrades

TKO has been the subject of several research analyst reports. National Bankshares upgraded Taseko Mines from a “sector perform” rating to an “outperform” rating and dropped their price objective for the stock from C$4.50 to C$4.25 in a report on Tuesday, December 10th. National Bank Financial upgraded Taseko Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th.

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.