Taseko Mines Limited (LON:TKO - Get Free Report) shot up 0.9% during trading on Friday . The company traded as high as GBX 164 ($2.06) and last traded at GBX 164 ($2.06). 10,000 shares traded hands during trading, an increase of 62% from the average session volume of 6,169 shares. The stock had previously closed at GBX 162.50 ($2.04).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 275 ($3.46) price objective on shares of Taseko Mines in a research note on Thursday, November 7th.
Check Out Our Latest Research Report on TKO
Taseko Mines Price Performance
The firm's fifty day moving average price is GBX 172.18 and its 200-day moving average price is GBX 175.42. The company has a market cap of £481.09 million, a price-to-earnings ratio of 1,640.00 and a beta of 1.92.
About Taseko Mines
(
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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.
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