Taseko Mines (TSE:TKO) Upgraded at National Bankshares

National Bankshares upgraded shares of Taseko Mines (TSE:TKO) from a sector perform rating to an outperform rating in a research report released on Tuesday,BayStreet.CA reports. National Bankshares currently has C$4.25 price objective on the stock, down from their prior price objective of C$4.50.

Taseko Mines Trading Down 2.6 %

TSE:TKO opened at C$2.98 on Tuesday. The firm has a market cap of C$874.18 million, a P/E ratio of 17.53 and a beta of 1.92. Taseko Mines has a twelve month low of C$1.56 and a twelve month high of C$4.20. The business’s 50 day moving average price is C$3.11.

Insider Activity at Taseko Mines

In related news, Director Russell Edward Hallbauer purchased 100,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was purchased at an average cost of C$2.83 per share, for a total transaction of C$283,000.00. 2.58% of the stock is owned by insiders.

Taseko Mines Company Profile

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.