Taseko Mines (TKO) Trading Up 10.3%

Shares of Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) were up 10.3% on Monday . The company traded as high as C$2.15 and last traded at C$2.15. Approximately 143,991 shares traded hands during trading, a decline of 43% from the average daily volume of 251,200 shares. The stock had previously closed at C$1.95.

A number of analysts have recently weighed in on TKO shares. National Bank Financial upped their target price on Taseko Mines from C$2.90 to C$3.20 and gave the company a “sector perform” rating in a research report on Friday, January 26th. Scotiabank reiterated an “underperform” rating and set a C$1.50 target price on shares of Taseko Mines in a research report on Monday, October 30th. Finally, BMO Capital Markets upped their target price on Taseko Mines from C$2.60 to C$3.25 in a research report on Monday, December 18th.

The firm has a market cap of $490.92, a PE ratio of 10.33 and a beta of 2.29.

In related news, insider John Mcmanus sold 9,800 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of C$2.75, for a total transaction of C$26,950.00.

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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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