Taseko Mines Ltd. (TSE:TKO) Director Anu Dhir Purchases 44,000 Shares

Taseko Mines Ltd. (TSE:TKO) Director Anu Dhir bought 44,000 shares of the stock in a transaction dated Monday, January 13th. The stock was purchased at an average cost of C$0.72 per share, for a total transaction of C$31,680.00.

Taseko Mines Trading Up 0.7 %

TKO traded up C$0.02 during trading on Wednesday, hitting C$2.91. 128,263 shares of the company’s stock were exchanged, compared to its average volume of 336,507. Taseko Mines Ltd. has a 1 year low of C$1.72 and a 1 year high of C$4.20. The stock has a 50 day moving average price of C$2.92 and a 200 day moving average price of C$3.05. The firm has a market cap of C$853.65 million, a P/E ratio of 17.12 and a beta of 1.92.

Wall Street Analyst Weigh In

A number of research firms recently commented on TKO. National Bankshares raised shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and decreased their price objective for the stock from C$4.50 to C$4.25 in a report on Tuesday, December 10th. National Bank Financial upgraded shares of Taseko Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th.

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.