Taseko Mines Ltd (TKO) Price Target Lowered to C$0.80 at Raymond James Financial Inc.
TKO has been the subject of several other research reports. National Bank Financial raised their target price on shares of Taseko Mines from C$0.65 to C$0.80 in a report on Monday, July 18th. TD Securities lifted their price objective on shares of Taseko Mines from C$0.85 to C$0.90 and gave the company a hold rating in a report on Wednesday, July 27th. Royal Bank Of Canada reiterated a sector perform rating and set a C$1.00 price objective on shares of Taseko Mines in a report on Friday, July 22nd. Finally, Scotiabank reiterated a sector perform rating and set a C$0.80 price objective on shares of Taseko Mines in a report on Thursday, July 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of C$0.82.
Shares of Taseko Mines (TSE:TKO) traded down 1.75% on Thursday, hitting $0.56. 5,000 shares of the stock traded hands. The stock’s market cap is $124.23 million. The stock’s 50 day moving average price is $0.60 and its 200 day moving average price is $0.67. Taseko Mines has a 52-week low of $0.35 and a 52-week high of $0.88.
About Taseko Mines
Taseko Mines Limited is a mining company. The Company is 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. Its operating asset is the Gibraltar Mine, a copper mine located in central British Columbia.
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