Taseko Mines (TKO) Hits New 1-Year Low at $0.82

Taseko Mines Ltd (TSE:TKO) (NYSE:TGB)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.82 and last traded at C$0.82, with a volume of 32000 shares changing hands. The stock had previously closed at C$0.85.

Separately, TD Securities raised Taseko Mines from a “hold” rating to a “speculative buy” rating and reduced their target price for the company from C$1.85 to C$1.70 in a report on Thursday, August 9th.

The company has a current ratio of 1.74, a quick ratio of 0.79 and a debt-to-equity ratio of 95.93.

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About Taseko Mines (TSE:TKO)

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper-molybdenum mine located in south-central British Columbia.

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