Insider Selling: Taseko Mines Limited (LON:TKO) Insider Sells 44,000 Shares of Stock

Taseko Mines Limited (LON:TKO) insider Robert Dickinson sold 44,000 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of GBX 295 ($3.61), for a total transaction of £129,800 ($158,873.93).

Taseko Mines Trading Down 0.9 %

Shares of TKO opened at GBX 171 ($2.09) on Thursday. Taseko Mines Limited has a twelve month low of GBX 101 ($1.24) and a twelve month high of GBX 238 ($2.91). The firm has a market capitalization of £501.63 million, a P/E ratio of 1,710.00 and a beta of 1.92. The stock’s fifty day simple moving average is GBX 166.05 and its 200 day simple moving average is GBX 172.01.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 275 ($3.37) price target on shares of Taseko Mines in a research report on Thursday, November 7th.

About Taseko Mines

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.