Taseko Mines (LON:TKO) Reaches New 1-Year High at $209.00

Taseko Mines Limited (LON:TKO)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 209 ($2.63) and last traded at GBX 209 ($2.63), with a volume of 2390 shares changing hands. The stock had previously closed at GBX 195 ($2.45).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group boosted their price target on Taseko Mines from GBX 235 ($2.95) to GBX 275 ($3.45) and gave the company a “buy” rating in a research report on Friday, April 26th.

Taseko Mines Trading Down 0.5 %

The stock’s 50-day moving average is GBX 160.66 and its 200-day moving average is GBX 122.92. The stock has a market cap of £582.90 million, a price-to-earnings ratio of 10,050.00 and a beta of 2.09.

Insiders Place Their Bets

In other news, insider Robert Dickinson sold 500,000 shares of the firm’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 336 ($4.22), for a total value of £1,680,000 ($2,110,287.65). In other news, insider Robert Dickinson sold 500,000 shares of the company’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of GBX 336 ($4.22), for a total value of £1,680,000 ($2,110,287.65). Also, insider Anu Dhir bought 14,000 shares of the stock in a transaction dated Monday, April 15th. The stock was bought at an average price of GBX 353 ($4.43) per share, with a total value of £49,420 ($62,077.63). 3.23% of the stock is owned by insiders.

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.