Taseko Mines (TSE:TKO) Price Target Raised to C$4.50 at National Bankshares

Taseko Mines (TSE:TKO) had its price target increased by National Bankshares from C$4.25 to C$4.50 in a research note issued to investors on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, National Bank Financial raised Taseko Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th.

Taseko Mines Price Performance

Shares of Taseko Mines stock opened at C$3.20 on Wednesday. Taseko Mines has a 1-year low of C$2.56 and a 1-year high of C$4.20. The business’s fifty day moving average price is C$3.08 and its two-hundred day moving average price is C$3.07. The company has a market capitalization of C$971.08 million, a P/E ratio of 12.52 and a beta of 1.92.

Insider Buying and Selling

In other Taseko Mines news, Director Anu Dhir purchased 44,000 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average price of C$0.72 per share, for a total transaction of C$31,680.00. Also, Director Russell Edward Hallbauer sold 50,000 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of C$3.26, for a total transaction of C$162,875.00. 2.58% of the stock is currently owned by corporate insiders.

About Taseko Mines

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.