Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) fell 9.5% on Tuesday . The company traded as low as C$1.74 and last traded at C$1.80. 285,336 shares traded hands during trading, a decline of 7% from the average session volume of 305,326 shares. The stock had previously closed at C$1.99.
A number of equities research analysts have recently commented on TKO shares. National Bank Financial upped their price objective on shares of Taseko Mines from C$2.90 to C$3.20 and gave the company a “sector perform” rating in a research note on Friday, January 26th. BMO Capital Markets upped their price objective on shares of Taseko Mines from C$2.60 to C$3.25 in a research note on Monday, December 18th. Scotiabank reaffirmed an “underperform” rating and issued a C$1.50 price objective on shares of Taseko Mines in a research note on Monday, October 30th. TD Securities reduced their price objective on shares of Taseko Mines from C$3.00 to C$2.50 and set a “hold” rating on the stock in a research note on Friday. Finally, Paradigm Capital reduced their price objective on shares of Taseko Mines from C$2.60 to C$2.30 in a research note on Friday.
The firm has a market capitalization of $395.90, a P/E ratio of 11.67 and a beta of 2.29.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3226180/taseko-mines-tko-shares-down-9-5.html.
About Taseko Mines
Taseko Mines Limited is a mining company. The Company 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. Its projects represent a range of metals, including gold, copper and niobium.
Receive News & Ratings for Taseko Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taseko Mines and related companies with MarketBeat.com's FREE daily email newsletter.