Taseko Mines (TSE:TKO) Reaches New 12-Month High - Time to Buy?

Shares of Taseko Mines Ltd. (TSE:TKO - Get Free Report) reached a new 52-week high on Friday . The company traded as high as C$4.05 and last traded at C$4.01, with a volume of 718365 shares. The stock had previously closed at C$3.56.Analyst Ratings ChangesSeparately, National Bankshares raised their price objective on shares of Taseko Mines from C$4.25 to C$4.50 and gave the company an "outperform" rating in a research note on Wednesday, April 2nd.View Our Latest Report on Taseko MinesTaseko Mines Trading Up 14.9%The firm has a market capitalization of C$1.24 billion, a PE ratio of 16.00 and a beta of 1.92. The business has a 50-day moving average of C$2.93 and a 200 day moving average of C$2.97. Insider Buying and Selling at Taseko MinesIn related news, Director Kenneth William Pickering acquired 15,000 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average cost of C$3.25 per share, for a total transaction of C$48,750.00. Also, Director Russell Edward Hallbauer sold 50,000 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$1.23, for a total value of C$61,500.00. Corporate insiders own 2.58% of the company's stock. Taseko Mines Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than Taseko MinesQuiet Period Expirations ExplainedAre NVIDIA's Ethernet Wins Signs of Hope or Horror for Arista?Low PE Growth Stocks: Unlocking Investment OpportunitiesBroadcom Slides on Solid Earnings, AI Outlook Still StrongWhy Invest in 5G? How to Invest in 5G Stocks The Market’s Silent Warning: What Bonds and Gold RevealThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Taseko Mines Right Now?Before you consider Taseko Mines, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taseko Mines wasn't on the list.While Taseko Mines currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here