Taseko Mines Limited (LON:TKO) Insider Acquires £49,420 in Stock

Taseko Mines Limited (LON:TKO) insider Anu Dhir bought 14,000 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was purchased at an average cost of GBX 353 ($4.39) per share, with a total value of £49,420 ($61,521.22).

Taseko Mines Price Performance

LON:TKO opened at GBX 193 ($2.40) on Friday. The business has a fifty day simple moving average of GBX 146.19 and a two-hundred day simple moving average of GBX 117.17. Taseko Mines Limited has a 1 year low of GBX 81 ($1.01) and a 1 year high of GBX 206 ($2.56). The company has a market capitalization of £559.70 million, a P/E ratio of 9,650.00 and a beta of 2.09.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised their target price on Taseko Mines from GBX 220 ($2.74) to GBX 235 ($2.93) and gave the stock a “buy” rating in a research report on Monday, March 25th.

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.