Taseko Mines (TSE:TKO) Stock Price Expected to Rise, National Bankshares Analyst Says

Taseko Mines (TSE:TKO) had its target price hoisted by National Bankshares from C$4.50 to C$5.25 in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 30.60% from the company’s previous close.

Taseko Mines Stock Performance

Shares of TKO opened at C$4.02 on Tuesday. Taseko Mines has a one year low of C$2.38 and a one year high of C$4.29. The stock has a market cap of C$1.22 billion, a P/E ratio of 15.72 and a beta of 1.92. The stock has a 50-day moving average of C$3.28 and a two-hundred day moving average of C$3.08.

Insider Activity at Taseko Mines

In other Taseko Mines news, Director Kenneth William Pickering bought 15,000 shares of the firm’s stock in a transaction dated Friday, March 28th. The shares were purchased at an average price of C$3.25 per share, for a total transaction of C$48,750.00. Company insiders own 2.58% of the company’s stock.

Taseko Mines Company Profile

Taseko Mines Ltd is a Canadian mining company. It 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. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.