Insider Buying: Taseko Mines Ltd. (TSE:TKO) Director Purchases 44,000 Shares of Stock

Taseko Mines Ltd. (TSE:TKO) Director Anu Dhir acquired 44,000 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was purchased at an average cost of C$0.72 per share, for a total transaction of C$31,680.00.

Taseko Mines Trading Up 2.1 %

Shares of TKO stock opened at C$2.95 on Thursday. Taseko Mines Ltd. has a twelve month low of C$1.72 and a twelve month high of C$4.20. The stock has a market cap of C$865.38 million, a P/E ratio of 17.35 and a beta of 1.92. The stock has a 50 day moving average of C$2.92 and a 200 day moving average of C$3.05.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. National Bank Financial upgraded shares of Taseko Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and cut their price objective for the stock from C$4.50 to C$4.25 in a research note on Tuesday, December 10th.

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.