Taseko Mines (LON:TKO) Stock Price Up 0.9% – What’s Next?

Shares of Taseko Mines Limited (LON:TKO) shot up 0.9% during trading on Friday . The company traded as high as GBX 164 ($2.06) and last traded at GBX 164 ($2.06). 10,000 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 6,169 shares. The stock had previously closed at GBX 162.50 ($2.04).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 275 ($3.46) price objective on shares of Taseko Mines in a research note on Thursday, November 7th.

Taseko Mines Stock Performance

The firm has a market capitalization of £481.09 million, a P/E ratio of 1,640.00 and a beta of 1.92. The business has a fifty day moving average of GBX 172.18 and a 200-day moving average of GBX 175.61.

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.