Taseko Mines’ (TKO) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Taseko Mines (LON:TKO) in a report released on Thursday, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 275 ($3.58) price target on the stock.

Taseko Mines Stock Performance

LON:TKO opened at GBX 181 ($2.36) on Thursday. The company’s 50-day simple moving average is GBX 175.95 and its 200-day simple moving average is GBX 184.90. Taseko Mines has a fifty-two week low of GBX 86.50 ($1.13) and a fifty-two week high of GBX 238 ($3.10). The stock has a market capitalization of £530.96 million, a P/E ratio of 1,810.00 and a beta of 1.92.

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.