Taseko Mines Limited (LON:TKO – Get Free Report) shares rose 3.7% during trading on Thursday . The company traded as high as GBX 612 and last traded at GBX 612. Approximately 16,076 shares changed hands during trading, an increase of 132% from the average daily volume of 6,921 shares. The stock had previously closed at GBX 590.
Taseko Mines Price Performance
The stock has a 50-day moving average price of GBX 526.61 and a 200 day moving average price of GBX 501.21. The firm has a market cap of £2.24 billion, a price-to-earnings ratio of 122.40 and a beta of 2.02.
About Taseko Mines
Headquartered in Vancouver, Taseko operates the state-of-the-art Gibraltar Mine (100% owned), the second largest copper mine in Canada, with a nearly 700-person workforce producing an average of 140 million pounds of copper and 2.5 million pounds of molybdenum per year.
In addition to the Yellowhead copper project and the Aley niobium project, Taseko is also advancing the Florence Copper project in Arizona – a near-term copper producer with an unparalleled energy, water and GHG profile per unit of production.
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