Taseko Mines (TKO) Shares Up 10.3%
Shares of Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) shot up 10.3% on Monday . The stock traded as high as C$2.15 and last traded at C$2.15. 143,991 shares were traded during trading, a decline of 43% from the average session volume of 251,200 shares. The stock had previously closed at C$1.95.
Several brokerages recently weighed in on TKO. National Bank Financial upped their price objective on Taseko Mines from C$2.90 to C$3.20 and gave the stock a “sector perform” rating in a research report on Friday, January 26th. BMO Capital Markets upped their price objective on Taseko Mines from C$2.60 to C$3.25 in a research report on Monday, December 18th. Finally, Scotiabank restated an “underperform” rating and set a C$1.50 price objective on shares of Taseko Mines in a research report on Monday, October 30th.
The company has a market capitalization of $490.92, a price-to-earnings ratio of 10.33 and a beta of 2.29.
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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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