National Bankshares Issues Positive Forecast for Taseko Mines (TSE:TKO) Stock Price

by · The Markets Daily

Taseko Mines (TSE:TKO – Free Report) had its price objective increased by National Bankshares from C$4.50 to C$5.25 in a report issued on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Taseko Mines Trading Up 7.5%

TSE TKO opened at C$4.32 on Tuesday. The company has a fifty day simple moving average of C$3.31 and a two-hundred day simple moving average of C$3.09. Taseko Mines has a 12-month low of C$2.38 and a 12-month high of C$4.33. The stock has a market cap of C$1.31 billion, a P/E ratio of 16.90 and a beta of 1.92.

About Taseko Mines

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Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.

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