Taseko Mines Ltd (TKO) Earns Hold Rating from TD Securities
TKO has been the topic of a number of other research reports. Royal Bank of Canada increased their price objective on shares of Taseko Mines from C$1.50 to C$1.75 and gave the stock a sector perform rating in a research note on Friday, May 5th. National Bank Financial increased their price objective on shares of Taseko Mines from C$1.40 to C$1.70 in a research note on Monday, January 16th. Scotiabank reissued a sector perform rating and set a C$1.30 price target on shares of Taseko Mines in a report on Wednesday, January 11th. Finally, BMO Capital Markets reissued a market perform rating and set a C$2.00 price target on shares of Taseko Mines in a report on Thursday, February 2nd. Five analysts have rated the stock with a hold rating, The stock has a consensus rating of Hold and a consensus price target of C$1.69.
Shares of Taseko Mines (TSE:TKO) traded down 4.09% during midday trading on Friday, hitting $1.64. The company’s stock had a trading volume of 227,210 shares. The company has a 50-day moving average price of $1.63 and a 200 day moving average price of $1.56. Taseko Mines has a 1-year low of $0.55 and a 1-year high of $2.12. The company’s market cap is $370.88 million.
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In other Taseko Mines news, insider John Mcmanus purchased 16,500 shares of the firm’s stock in a transaction dated Thursday, March 16th. The shares were purchased at an average cost of C$1.82 per share, with a total value of C$30,030.00.
About Taseko Mines
Taseko Mines Limited is a mining company. The Company 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. Its projects represent a range of metals, including gold, copper and niobium.
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