Taseko Mines (LON:TKO) Trading 0.1% Higher

Taseko Mines Limited (LON:TKO)’s stock price shot up 0.1% during trading on Wednesday . The company traded as high as GBX 165 ($2.18) and last traded at GBX 155.11 ($2.05). 969 shares changed hands during trading, a decline of 86% from the average session volume of 6,812 shares. The stock had previously closed at GBX 155 ($2.05).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 285 ($3.76) price objective on shares of Taseko Mines in a research note on Thursday, August 1st.

Taseko Mines Stock Down 1.2 %

The company has a market cap of £463.82 million, a price-to-earnings ratio of 1,600.00 and a beta of 1.91. The firm has a 50 day moving average price of GBX 166.44 and a two-hundred day moving average price of GBX 179.79.

About Taseko Mines

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.