Taseko Mines (LON:TKO) Trading Up 7.1% – Should You Buy?

Taseko Mines Limited (LON:TKO)’s stock price rose 7.1% during trading on Monday . The stock traded as high as GBX 455.60 and last traded at GBX 454. Approximately 2,789 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 8,897 shares. The stock had previously closed at GBX 424.

Taseko Mines Stock Performance

The stock’s 50-day moving average is GBX 556.88 and its 200 day moving average is GBX 427.97. The stock has a market capitalization of £1.66 billion, a PE ratio of -50.44 and a beta of 1.89.

Insider Activity at Taseko Mines

In other Taseko Mines news, insider Russell Hallbauer sold 30,000 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of GBX 567, for a total transaction of £170,100. 2.58% of the stock is owned by company insiders.

Taseko Mines Company Profile

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.