Insider Selling: Taseko Mines Ltd. (TSE:TKO) Director Sells 50,000 Shares of Stock

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of C$1.23, for a total transaction of C$61,500.00.

Russell Edward Hallbauer also recently made the following trade(s):

• On Thursday, February 27th, Russell Edward Hallbauer sold 50,000 shares of Taseko Mines stock. The shares were sold at an average price of C$3.26, for a total transaction of C$162,875.00.

Taseko Mines Trading Up 2.1 %

Taseko Mines stock traded up C$0.07 during mid-day trading on Monday, hitting C$3.43. The stock had a trading volume of 472,911 shares, compared to its average volume of 529,083. The firm’s 50 day moving average is C$2.97 and its 200 day moving average is C$3.02. The firm has a market capitalization of C$1.04 billion, a P/E ratio of 13.42 and a beta of 1.92. Taseko Mines Ltd. has a one year low of C$2.55 and a one year high of C$4.20.

Analyst Upgrades and Downgrades

A number of analysts have commented on TKO shares. National Bank Financial upgraded Taseko Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th. National Bankshares raised shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and reduced their target price for the stock from C$4.50 to C$4.25 in a report 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.