Taseko Mines (TKO) Price Target Raised to C$3.25

Taseko Mines (TSE:TKO) (NYSE:TGB) had its target price raised by BMO Capital Markets from C$2.60 to C$3.25 in a research note issued on Monday, StockTargetPrices.com reports. BMO Capital Markets’ price objective would suggest a potential upside of 21.72% from the company’s current price.

A number of other brokerages have also weighed in on TKO. Scotiabank restated an “underperform” rating and issued a C$1.50 price objective on shares of Taseko Mines in a report on Monday, October 30th. TD Securities raised their price objective on shares of Taseko Mines from C$1.90 to C$2.25 in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company has a consensus rating of “Hold” and an average target price of C$2.17.

Shares of Taseko Mines (TSE TKO) traded up C$0.11 on Monday, hitting C$2.67. 344,552 shares of the stock were exchanged, compared to its average volume of 359,279. Taseko Mines has a fifty-two week low of C$0.96 and a fifty-two week high of C$2.96.

In related news, insider Brian Battison sold 40,000 shares of Taseko Mines stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of C$2.94, for a total transaction of C$117,600.00. Also, insider Scott Jones sold 25,000 shares of Taseko Mines stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of C$2.55, for a total transaction of C$63,750.00. Insiders have sold a total of 289,800 shares of company stock worth $819,280 over the last quarter.

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About Taseko Mines

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.

Stock Target Prices

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