Taseko Mines (TKO) Stock Price Up -11.3%
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) rose 11.3% during mid-day trading on Thursday . The company traded as high as C$2.69 and last traded at C$2.44. Approximately 581,385 shares traded hands during trading, a decline of 22% from the average daily volume of 749,484 shares. The stock had previously closed at C$2.75.
TKO has been the subject of a number of research analyst reports. BMO Capital Markets boosted their price objective on Taseko Mines from C$2.20 to C$2.30 in a report on Tuesday, September 26th. TD Securities boosted their price objective on Taseko Mines from C$1.90 to C$2.25 in a report on Tuesday, September 26th. Finally, Scotiabank restated an “underperform” rating and set a C$1.50 price objective on shares of Taseko Mines in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Taseko Mines presently has a consensus rating of “Hold” and a consensus target price of C$2.17.
The stock has a market cap of $587.06, a P/E ratio of 11.62 and a beta of 2.65.
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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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