Insider Buying: Taseko Mines Limited (LON:TKO) Insider Acquires 14,000 Shares of Stock

Taseko Mines Limited (LON:TKO) insider Anu Dhir purchased 14,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The shares were purchased at an average price of GBX 353 ($4.39) per share, with a total value of £49,420 ($61,521.22).

Taseko Mines Stock Performance

LON TKO opened at GBX 193 ($2.40) on Thursday. The stock’s fifty day moving average is GBX 144.47 and its two-hundred day moving average is GBX 116.63. The firm has a market capitalization of £559.70 million, a P/E ratio of 9,650.00 and a beta of 2.09. Taseko Mines Limited has a fifty-two week low of GBX 81 ($1.01) and a fifty-two week high of GBX 206 ($2.56).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group boosted their price target on Taseko Mines from GBX 220 ($2.74) to GBX 235 ($2.93) and gave the stock a “buy” rating in a research report on Monday, March 25th.

About Taseko Mines

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.