Taseko Mines Ltd. (TSE:TKO) Director Sells C$61,500.00 in Stock

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of C$1.23, for a total transaction of C$61,500.00.

Russell Edward Hallbauer also recently made the following trade(s):

• On Thursday, February 27th, Russell Edward Hallbauer sold 50,000 shares of Taseko Mines stock. The shares were sold at an average price of C$3.26, for a total value of C$162,875.00.

Taseko Mines Stock Performance

Shares of TSE TKO traded up C$0.07 during midday trading on Monday, hitting C$3.43. 472,911 shares of the stock traded hands, compared to its average volume of 529,083. The firm has a market capitalization of C$1.04 billion, a P/E ratio of 13.42 and a beta of 1.92. Taseko Mines Ltd. has a one year low of C$2.55 and a one year high of C$4.20. The firm has a 50-day moving average of C$2.97 and a two-hundred day moving average of C$3.02.

Wall Street Analyst Weigh In

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

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.