Taseko Mines (TGB) Stock Price Down 1.7%
Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO) shares dropped 1.7% during mid-day trading on Tuesday . The company traded as low as $2.03 and last traded at $2.33. Approximately 755,000 shares changed hands during trading, a decline of 18% from the average daily volume of 923,810 shares. The stock had previously closed at $2.37.
TGB has been the topic of a number of research analyst reports. BidaskClub lowered Taseko Mines from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 16th. Zacks Investment Research raised Taseko Mines from a “hold” rating to a “buy” rating and set a $2.25 target price on the stock in a report on Tuesday, September 5th. Finally, TheStreet raised Taseko Mines from a “d+” rating to a “c-” rating in a report on Wednesday, October 4th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $2.50.
The company has a market capitalization of $522.06, a price-to-earnings ratio of 13.38 and a beta of 2.74.
Taseko Mines Company Profile
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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