Taseko Mines Ltd. (TSE:TKO) Director Purchases C$31,680.00 in Stock

Taseko Mines Ltd. (TSE:TKO - Get Free Report) Director Anu Dhir acquired 44,000 shares of the company's stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average price of C$0.72 per share, for a total transaction of C$31,680.00.

Taseko Mines Trading Up 2.1 %

Taseko Mines stock traded up C$0.06 during trading hours on Wednesday, reaching C$2.95. 248,723 shares of the company were exchanged, compared to its average volume of 348,613. Taseko Mines Ltd. has a 12 month low of C$1.72 and a 12 month high of C$4.20. The stock has a 50-day moving average of C$2.92 and a 200 day moving average of C$3.05. The firm has a market cap of C$865.38 million, a price-to-earnings ratio of 17.35 and a beta of 1.92.

Wall Street Analysts Forecast Growth

TKO has been the subject of several analyst reports. National Bankshares raised shares of Taseko Mines from a "sector perform" rating to an "outperform" rating and reduced their price objective for the company from C$4.50 to C$4.25 in a research note on Tuesday, December 10th. National Bank Financial raised Taseko Mines from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 9th.

Taseko Mines Company Profile

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.