Insider Selling: Taseko Mines Ltd (TKO) Insider Sells C$148,500.00 in Stock
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) insider John Mcmanus sold 54,000 shares of the company’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of C$2.75, for a total value of C$148,500.00.
John Mcmanus also recently made the following trade(s):
- On Tuesday, August 22nd, John Mcmanus sold 50,000 shares of Taseko Mines stock. The shares were sold at an average price of C$2.20, for a total value of C$110,000.00.
Taseko Mines Ltd (TSE:TKO) opened at 2.85 on Friday. The stock’s 50 day moving average price is $2.35 and its 200-day moving average price is $1.85. Taseko Mines Ltd has a 52 week low of $0.55 and a 52 week high of $2.89. The company has a market cap of $644.75 million and a price-to-earnings ratio of 57.00.
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A number of research firms have recently issued reports on TKO. TD Securities raised their price objective on Taseko Mines from C$1.90 to C$2.25 in a research report on Tuesday, September 26th. BMO Capital Markets raised their price objective on Taseko Mines from C$2.20 to C$2.30 in a research report on Tuesday, September 26th. Scotiabank cut their price objective on Taseko Mines from C$1.70 to C$1.50 and set an “underperform” rating for the company in a research report on Friday, August 4th. Finally, National Bank Financial cut their price objective on Taseko Mines from C$2.20 to C$2.10 and set a “sector perform” rating for the company in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of C$1.78.
About Taseko Mines
Taseko Mines Limited is a mining company. The Company 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. Its projects represent a range of metals, including gold, copper and niobium.
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