Taseko Mines (LON:TKO) Trading Down 1.5% – What’s Next?

Shares of Taseko Mines Limited (LON:TKO) traded down 1.5% on Friday . The company traded as low as GBX 162.50 ($2.07) and last traded at GBX 162.50 ($2.07). 9,594 shares changed hands during trading, an increase of 52% from the average session volume of 6,332 shares. The stock had previously closed at GBX 165 ($2.10).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 275 ($3.50) target price on shares of Taseko Mines in a report on Thursday, November 7th.

Taseko Mines Stock Performance

The firm has a market capitalization of £476.69 million, a PE ratio of 1,625.00 and a beta of 1.92. The company’s 50-day moving average price is GBX 178.96 and its 200-day moving average price is GBX 182.05.

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.