Robert Dickinson Sells 44,000 Shares of Taseko Mines Limited (LON:TKO) Stock

Taseko Mines Limited (LON:TKO) insider Robert Dickinson sold 44,000 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of GBX 295 ($3.61), for a total transaction of £129,800 ($158,815.61).

Taseko Mines Stock Down 0.9 %

TKO stock opened at GBX 171 ($2.09) on Friday. The stock has a market capitalization of £501.63 million, a price-to-earnings ratio of 1,710.00 and a beta of 1.92. Taseko Mines Limited has a 52-week low of GBX 101 ($1.24) and a 52-week high of GBX 238 ($2.91). The stock’s fifty day simple moving average is GBX 165.89 and its 200-day simple moving average is GBX 172.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 275 ($3.36) price objective on shares of Taseko Mines in a research note on Thursday, November 7th.

Taseko Mines Company Profile

Taseko Mines is a dynamic and growing mining company focused on the operation and development of copper mines in North America.

Headquartered in Vancouver, Taseko operates the state-of-the-art Gibraltar Mine (100% owned), the second largest copper mine in Canada, with a nearly 700-person workforce producing an average of 140 million pounds of copper and 2.5 million pounds of molybdenum per year.

In addition to the Yellowhead copper project and the Aley niobium project, Taseko is also advancing the Florence Copper project in Arizona – a near-term copper producer with an unparalleled energy, water and GHG profile per unit of production.