Insider Buying: Taseko Mines Ltd (TKO) Director Acquires 50,000 Shares of Stock
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) Director Ronald William Thiessen bought 50,000 shares of the business’s stock in a transaction dated Friday, August 17th. The stock was purchased at an average price of C$0.95 per share, with a total value of C$47,500.00.
Shares of TSE:TKO traded up C$0.01 during trading on Friday, reaching C$0.94. The stock had a trading volume of 200,263 shares, compared to its average volume of 320,251. Taseko Mines Ltd has a 52 week low of C$0.90 and a 52 week high of C$2.98.
A number of research analysts have recently issued reports on TKO shares. National Bank Financial cut their target price on shares of Taseko Mines from C$2.75 to C$2.50 and set an “outperform” rating for the company in a research note on Thursday, May 3rd. Scotiabank set a C$1.50 target price on shares of Taseko Mines and gave the company a “sector perform” rating in a research note on Friday, May 4th. Finally, TD Securities cut their target price on shares of Taseko Mines from C$2.25 to C$2.00 and set a “hold” rating for the company in a research note on Friday, May 4th.
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-molybdenum mine located in south-central British Columbia.
Further Reading: Diversification
Receive News & Ratings for Taseko Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taseko Mines and related companies with MarketBeat.com's FREE daily email newsletter.