Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer Sells 50,000 Shares

Taseko Mines Ltd. (TSE:TKO) Director Russell Edward Hallbauer sold 50,000 shares of the company’s stock in a transaction dated 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 value of C$162,875.00.

Taseko Mines Price Performance

Shares of TKO stock opened at C$3.40 on Tuesday. The company has a market capitalization of C$1.03 billion, a P/E ratio of 13.30 and a beta of 1.92. The company’s 50-day simple moving average is C$2.98 and its two-hundred day simple moving average is C$3.02. Taseko Mines Ltd. has a one year low of C$2.55 and a one year high of C$4.20.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. National Bank Financial raised Taseko Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. National Bankshares upgraded Taseko Mines from a “sector perform” rating to an “outperform” rating and decreased their target price for the stock from C$4.50 to C$4.25 in a research report on Tuesday, December 10th.

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.