Russell Edward Hallbauer Sells 50,000 Shares of Taseko Mines Ltd. (TSE:TKO) Stock

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer sold 50,000 shares of Taseko Mines stock in a transaction on Thursday, February 27th. The stock was sold at an average price of C$3.26, for a total transaction of C$162,875.00.

Taseko Mines Stock Up 6.8 %

Taseko Mines stock opened at C$3.15 on Thursday. The firm has a 50 day moving average price of C$2.93 and a 200-day moving average price of C$3.01. Taseko Mines Ltd. has a twelve month low of C$2.08 and a twelve month high of C$4.20. The company has a market capitalization of C$955.91 million, a P/E ratio of 12.32 and a beta of 1.92.

Analysts Set New Price Targets

A number of analysts recently commented on the company. National Bankshares upgraded Taseko Mines from a “sector perform” rating to an “outperform” rating and dropped their price target for the stock from C$4.50 to C$4.25 in a report on Tuesday, December 10th. National Bank Financial raised Taseko Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th.

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.