Insider Selling: Taseko Mines Limited (LON:TKO) Insider Sells 500,000 Shares of Stock

Taseko Mines Limited (LON:TKO) insider Robert Dickinson sold 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of GBX 336 ($4.25), for a total transaction of £1,680,000 ($2,126,313.12).

Taseko Mines Price Performance

Shares of Taseko Mines stock opened at GBX 193 ($2.44) on Friday. Taseko Mines Limited has a 1 year low of GBX 81 ($1.03) and a 1 year high of GBX 200 ($2.53). The firm has a market cap of £559.70 million, a PE ratio of 9,370.00 and a beta of 2.09. The company has a 50 day simple moving average of GBX 136.46 and a two-hundred day simple moving average of GBX 113.69.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price objective on shares of Taseko Mines from GBX 220 ($2.78) to GBX 235 ($2.97) and gave the company a “buy” rating in a research report on Monday, March 25th.

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.