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 company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of C$3.26, for a total transaction of C$162,875.00.

Taseko Mines Stock Performance

Shares of Taseko Mines stock traded down C$0.03 on Tuesday, reaching C$2.95. The company had a trading volume of 672,023 shares, compared to its average volume of 486,739. The firm’s 50 day moving average price is C$2.92 and its two-hundred day moving average price is C$3.01. Taseko Mines Ltd. has a 52-week low of C$2.04 and a 52-week high of C$4.20. The firm has a market cap of C$895.21 million, a PE ratio of 11.54 and a beta of 1.92.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. National Bankshares raised shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and dropped their price target for the company from C$4.50 to C$4.25 in a research note 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.

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.