Taseko Mines (TSE:TKO) Insider Brian Lee Bergot Sells 120,000 Shares

Taseko Mines Ltd. (TSE:TKOGet Free Report) insider Brian Lee Bergot sold 120,000 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of C$9.97, for a total value of C$1,196,400.00. Following the completion of the sale, the insider owned 211,811 shares of the company’s stock, valued at C$2,111,755.67. This trade represents a 36.17% decrease in their ownership of the stock.

Taseko Mines Price Performance

Shares of TKO stock opened at C$11.31 on Friday. Taseko Mines Ltd. has a 1-year low of C$2.38 and a 1-year high of C$12.47. The company has a market cap of C$4.08 billion, a price-to-earnings ratio of -59.53 and a beta of 2.15. The stock has a 50 day simple moving average of C$9.10 and a 200-day simple moving average of C$6.75.

Taseko Mines (TSE:TKOGet Free Report) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$173.91 million during the quarter. Taseko Mines had a net margin of 12.69% and a return on equity of 16.33%. Analysts anticipate that Taseko Mines Ltd. will post 0.2801932 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. National Bank Financial raised their price target on shares of Taseko Mines from C$8.50 to C$13.50 in a research note on Thursday, January 29th. TD Securities increased their target price on Taseko Mines from C$6.50 to C$12.00 in a report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$10.25.

Check Out Our Latest Research Report on TKO

Taseko Mines Company Profile

(Get Free Report)

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.

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Insider Buying and Selling by Quarter for Taseko Mines (TSE:TKO)

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