Taseko Mines Ltd (TKO) Director Sells C$200,640.00 in Stock
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) Director Alexander Morrison sold 88,000 shares of the stock in a transaction on Monday, August 28th. The stock was sold at an average price of C$2.28, for a total transaction of C$200,640.00.
Taseko Mines Ltd (TSE TKO) traded up 1.78% on Monday, reaching $2.29. 434,129 shares of the company were exchanged. The firm has a market capitalization of $518.06 million and a PE ratio of 45.80. Taseko Mines Ltd has a 12-month low of $0.55 and a 12-month high of $2.37. The stock has a 50 day moving average of $1.89 and a 200 day moving average of $1.74.
Several brokerages have recently commented on TKO. Royal Bank Of Canada increased their price target on shares of Taseko Mines from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a research note on Friday, May 5th. Scotiabank dropped their price target on shares of Taseko Mines from C$1.70 to C$1.50 and set an “underperform” rating on the stock in a research note on Friday, August 4th. National Bank Financial dropped their price target on shares of Taseko Mines from C$2.20 to C$2.10 and set a “sector perform” rating on the stock in a research note on Monday, July 24th. Finally, TD Securities dropped their price target on shares of Taseko Mines from C$2.00 to C$1.90 and set a “hold” rating on the stock in a research note on Friday, June 16th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company has an average rating of “Hold” and an average price target of C$1.68.
Taseko Mines Company Profile
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper mine located in central British Columbia. The company also has interests in the Aley niobium, Harmony gold, and New Prosperity gold-copper projects situated in British Columbia; and the Florence copper project located in central Arizona.
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