Taseko Mines (LON:TKO) Sets New 12-Month High at $209.00

Shares of Taseko Mines Limited (LON:TKO) hit a new 52-week high on Tuesday . The company traded as high as GBX 209 ($2.63) and last traded at GBX 209 ($2.63), with a volume of 2390 shares traded. The stock had previously closed at GBX 195 ($2.45).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price objective on Taseko Mines from GBX 235 ($2.95) to GBX 275 ($3.45) and gave the stock a “buy” rating in a research report on Friday.

Taseko Mines Stock Performance

The stock has a market capitalization of £606.10 million, a price-to-earnings ratio of 9,750.00 and a beta of 2.09. The company has a fifty day simple moving average of GBX 157.38 and a 200 day simple moving average of GBX 121.66.

Insiders Place Their Bets

In other Taseko Mines news, insider Robert Dickinson sold 500,000 shares of Taseko Mines stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of GBX 336 ($4.22), for a total transaction of £1,680,000 ($2,110,287.65). In other Taseko Mines news, insider Robert Dickinson sold 500,000 shares of Taseko Mines stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of GBX 336 ($4.22), for a total transaction of £1,680,000 ($2,110,287.65). Also, insider Anu Dhir bought 8,800 shares of the business’s stock in a transaction on Friday, April 19th. The shares were bought at an average cost of GBX 348 ($4.37) per share, for a total transaction of £30,624 ($38,467.53). Company insiders own 3.23% of the company’s stock.

About Taseko Mines

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.