Taseko Mines (TSE:TKO) Sets New 1-Year High at $1.56
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.56 and last traded at C$1.56, with a volume of 479561 shares traded. The stock had previously closed at C$1.50.
Several analysts recently issued reports on TKO shares. National Bank Financial lifted their price target on shares of Taseko Mines from C$1.15 to C$1.75 in a research report on Friday, September 11th. TD Securities lifted their price objective on shares of Taseko Mines from C$1.00 to C$1.10 and gave the company a “hold” rating in a report on Thursday, August 6th. Finally, BMO Capital Markets upped their target price on shares of Taseko Mines from C$1.10 to C$1.25 in a report on Thursday, August 6th.
The stock has a market cap of $369.29 million and a PE ratio of -5.70. The company has a debt-to-equity ratio of 134.99, a quick ratio of 1.21 and a current ratio of 1.88. The business has a 50 day moving average price of C$1.13 and a two-hundred day moving average price of C$0.68.
In other news, Senior Officer Brian Battison sold 26,000 shares of Taseko Mines stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of C$1.38, for a total transaction of C$35,880.00. Following the sale, the insider now directly owns 401,420 shares in the company, valued at approximately C$553,959.60. Over the last ninety days, insiders have sold 69,000 shares of company stock valued at $92,150.
Taseko Mines Company Profile (TSE:TKO)
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.
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