Taseko Mines (TSE:TKO) Insider Sells C$173,400.00 in Stock

Taseko Mines Ltd. (TSE:TKO) insider Trevor Thomas sold 15,000 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of C$11.56, for a total transaction of C$173,400.00. Following the sale, the insider directly owned 120,000 shares in the company, valued at approximately C$1,387,200. The trade was a 11.11% decrease in their position.

Taseko Mines Stock Performance

Shares of TKO opened at C$11.31 on Tuesday. Taseko Mines Ltd. has a 52 week low of C$2.38 and a 52 week high of C$12.47. The stock has a market capitalization of C$4.08 billion, a price-to-earnings ratio of -59.53 and a beta of 2.15. The stock has a fifty day moving average of C$9.19 and a 200-day moving average of C$6.82.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. National Bank Financial boosted their price target on Taseko Mines from C$8.50 to C$13.50 in a report on Thursday, January 29th. TD Securities boosted their target price on shares of Taseko Mines from C$6.50 to C$12.00 in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$10.25.

Taseko Mines Company Profile

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.