Insider Buying: Taseko Mines Ltd. (TSE:TKO) Director Purchases 100,000 Shares of Stock

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average price of C$2.83 per share, with a total value of C$283,000.00.

Taseko Mines Stock Performance

Shares of TKO traded up C$0.03 during mid-day trading on Friday, reaching C$2.86. The company had a trading volume of 82,921 shares, compared to its average volume of 423,764. The firm has a market capitalization of C$838.98 million, a PE ratio of 16.65 and a beta of 1.92. The company’s fifty day simple moving average is C$3.19. Taseko Mines Ltd. has a fifty-two week low of C$1.56 and a fifty-two week high of C$4.20.

Analysts Set New Price Targets

Separately, National Bankshares lifted their price target on shares of Taseko Mines from C$4.25 to C$4.50 in a research note on Friday, October 4th.

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.