Insider Selling: Taseko Mines Ltd. (TSE:TKO) Director Sells 50,000 Shares of Stock

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$1.23, for a total value of C$61,500.00.

Russell Edward Hallbauer also recently made the following trade(s):

• On Thursday, February 27th, Russell Edward Hallbauer sold 50,000 shares of Taseko Mines stock. The shares were sold at an average price of C$3.26, for a total transaction of C$162,875.00.

Taseko Mines Stock Up 2.3 %

TKO opened at C$3.50 on Thursday. Taseko Mines Ltd. has a 12-month low of C$2.55 and a 12-month high of C$4.20. The firm has a market capitalization of C$1.06 billion, a P/E ratio of 13.69 and a beta of 1.92. The stock’s 50 day moving average price is C$3.00 and its two-hundred day moving average price is C$3.02.

Wall Street Analyst Weigh In

TKO has been the topic of a number of research analyst reports. National Bank Financial upgraded shares of Taseko Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and decreased their price target for the company from C$4.50 to C$4.25 in a report on Tuesday, December 10th.

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.