Taseko Mines (LON:TKO) Insider Russell Hallbauer Sells 10,000 Shares

Taseko Mines Limited (LON:TKO) insider Russell Hallbauer sold 10,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of GBX 493, for a total transaction of £49,300.

Taseko Mines Trading Up 3.0%

TKO opened at GBX 270.80 on Friday. Taseko Mines Limited has a twelve month low of GBX 125.50 and a twelve month high of GBX 273.82. The firm has a market capitalization of £857.80 million, a PE ratio of -2,708.00 and a beta of 1.92. The firm’s 50-day moving average price is GBX 246.08 and its 200 day moving average price is GBX 202.41.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 340 price target on shares of Taseko Mines in a research report on Thursday, August 7th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 307.50.

About Taseko Mines

Taseko Mines is a dynamic and growing mining company focused on the operation and development of copper mines in North America.

Headquartered in Vancouver, Taseko operates the state-of-the-art Gibraltar Mine (100% owned), the second largest copper mine in Canada, with a nearly 700-person workforce producing an average of 140 million pounds of copper and 2.5 million pounds of molybdenum per year.

In addition to the Yellowhead copper project and the Aley niobium project, Taseko is also advancing the Florence Copper project in Arizona – a near-term copper producer with an unparalleled energy, water and GHG profile per unit of production.