Key Points
- Insider sale: Taseko insider Russell Hallbauer sold 30,000 shares on March 5 at GBX 567, for a total value of £170,100.
- Analyst upgrade and consensus: Canaccord Genuity raised its price target from GBX 330 to GBX 390 and maintained a "Buy" rating; MarketBeat shows a consensus "Buy" with an average target of GBX 390.
- Stock profile: Taseko has a market cap of £1.93 billion, a one‑year range of GBX 125.50–665, and a negative P/E of -58.89 indicating current unprofitability.
Taseko Mines Limited (LON:TKO - Get Free Report) insider Russell Hallbauer sold 30,000 shares of the business's stock in a transaction on Thursday, March 5th. The shares were sold at an average price of GBX 567, for a total value of £170,100.
Taseko Mines Price Performance
Shares of LON TKO opened at GBX 530 on Tuesday. The firm has a market cap of £1.93 billion, a price-to-earnings ratio of -58.89 and a beta of 1.89. The stock's fifty day moving average price is GBX 553.65 and its two-hundred day moving average price is GBX 402.91. Taseko Mines Limited has a one year low of GBX 125.50 and a one year high of GBX 665.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group upped their price target on shares of Taseko Mines from GBX 330 to GBX 390 and gave the company a "buy" rating in a research note on Friday, November 14th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of GBX 390.
Check Out Our Latest Stock Analysis on Taseko Mines
About Taseko Mines
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
