Taseko Mines (LON:TKO) Shares Up 1.5% – Time to Buy?

Taseko Mines Limited (LON:TKO) shot up 1.5% on Friday . The stock traded as high as GBX 500 and last traded at GBX 500. 3,378 shares were traded during mid-day trading, a decline of 49% from the average session volume of 6,620 shares. The stock had previously closed at GBX 492.50.

Taseko Mines Price Performance

The stock has a market capitalization of £1.81 billion, a PE ratio of 99.00 and a beta of 1.98. The company has a 50 day moving average price of GBX 536.85 and a 200-day moving average price of GBX 519.67.

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.