Taseko Mines (TSE:TKO) (NYSE:TGB) had its target price hoisted by BMO Capital Markets from C$2.60 to C$3.25 in a research note issued to investors on Monday, December 18th. BMO Capital Markets’ price objective would indicate a potential upside of 26.46% from the company’s current price.
Other analysts also recently issued reports about the company. TD Securities boosted their price target on Taseko Mines from C$1.90 to C$2.25 in a research note on Tuesday, September 26th. Scotiabank restated an “underperform” rating and issued a C$1.50 price target on shares of Taseko Mines in a research note on Monday, October 30th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Taseko Mines currently has an average rating of “Hold” and an average target price of C$2.17.
Taseko Mines (TSE:TKO) traded up C$0.07 on Monday, reaching C$2.57. The company had a trading volume of 162,683 shares, compared to its average volume of 354,892. The company has a market cap of $567.83, a P/E ratio of 12.24 and a beta of 2.65. Taseko Mines has a twelve month low of C$1.36 and a twelve month high of C$2.98.
In other news, insider Brian Lee Bergot sold 21,000 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of C$2.88, for a total transaction of C$60,480.00. Also, insider John Mcmanus sold 9,800 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of C$2.75, for a total value of C$26,950.00. Insiders sold a total of 70,800 shares of company stock valued at $197,430 over the last 90 days.
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Taseko Mines Company Profile
Taseko Mines Limited is a mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada and the State of Arizona, the United States. Its projects represent a range of metals, including gold, copper and niobium.
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