Taseko Mines (LON:TKO) Trading Up 3.2% – Here’s What Happened

Taseko Mines Limited (LON:TKO)’s share price was up 3.2% during mid-day trading on Wednesday . The stock traded as high as GBX 578 and last traded at GBX 578. Approximately 3,439 shares were traded during trading, a decline of 54% from the average daily volume of 7,469 shares. The stock had previously closed at GBX 560.

Taseko Mines Trading Up 0.2%

The stock has a market capitalization of £2.09 billion, a PE ratio of -63.44 and a beta of 2.02. The firm has a 50-day moving average price of GBX 523.17 and a 200-day moving average price of GBX 481.65.

Insiders Place Their Bets

In related news, insider Russell Hallbauer sold 30,000 shares of Taseko Mines stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of GBX 567, for a total value of £170,100. Company insiders own 2.58% of the company’s stock.

Taseko Mines Company Profile

Taseko Mines is a dynamic and growing mining company focused on the operation and development of copper mines in North America.

Headquartered in Vancouver, Taseko operates the state-of-the-art Gibraltar Mine (100% owned), the second largest copper mine in Canada, with a nearly 700-person workforce producing an average of 140 million pounds of copper and 2.5 million pounds of molybdenum per year.

In addition to the Yellowhead copper project and the Aley niobium project, Taseko is also advancing the Florence Copper project in Arizona – a near-term copper producer with an unparalleled energy, water and GHG profile per unit of production.