Taseko Mines Ltd (TKO) Director Russell Edward Hallbauer Sells 88,000 Shares

Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) Director Russell Edward Hallbauer sold 88,000 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of C$2.95, for a total transaction of C$259,600.00.

Shares of Taseko Mines Ltd (TKO) traded down 0.35% during trading on Friday, hitting $2.83. 416,756 shares of the company traded hands. The stock has a market capitalization of $640.23 million and a PE ratio of 56.60. The company has a 50-day moving average of $2.42 and a 200-day moving average of $1.88. Taseko Mines Ltd has a 52-week low of $0.55 and a 52-week high of $2.96.

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A number of analysts have recently weighed in on the stock. TD Securities raised their price target on shares of Taseko Mines from C$1.90 to C$2.25 in a report on Tuesday, September 26th. BMO Capital Markets raised their price target on shares of Taseko Mines from C$2.20 to C$2.30 in a report on Tuesday, September 26th. Scotiabank lowered their price target on shares of Taseko Mines from C$1.70 to C$1.50 and set an “underperform” rating on the stock in a report on Friday, August 4th. Finally, National Bank Financial lowered their price target on shares of Taseko Mines from C$2.20 to C$2.10 and set a “sector perform” rating on the stock in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Taseko Mines has a consensus rating of “Hold” and a consensus price target of C$1.78.

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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