Taseko Mines Ltd. (TSE:TKO – Free Report) – Research analysts at National Bank Financial decreased their FY2024 earnings per share estimates for Taseko Mines in a report issued on Monday, December 9th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.19 for the year, down from their previous forecast of $0.21. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share. National Bank Financial also issued estimates for Taseko Mines’ FY2026 earnings at $0.32 EPS and FY2027 earnings at $0.71 EPS.
Separately, National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and decreased their price target for the company from C$4.50 to C$4.25 in a report on Tuesday.
Taseko Mines Price Performance
TKO opened at C$2.98 on Thursday. Taseko Mines has a 12-month low of C$1.56 and a 12-month high of C$4.20. The stock has a market capitalization of C$874.18 million, a price-to-earnings ratio of 17.53 and a beta of 1.92. The firm has a fifty day simple moving average of C$3.11.
Insider Buying and Selling
In other news, Director Russell Edward Hallbauer bought 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average cost of C$2.83 per share, with a total value of C$283,000.00. 2.58% of the stock is owned by insiders.
Taseko Mines Company Profile
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company’s principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.
Further Reading
- Five stocks we like better than Taseko Mines
- 5 Top Rated Dividend Stocks to Consider
- WallStreetBets: How a Reddit Forum Shook Up Stock Market Dynamics
- Compound Interest and Why It Matters When Investing
- Are 2024’s Top Insider Buys a Good Bet for 2025?
- What Does Downgrade Mean in Investing?
- 4 Social Media Stocks to Soar as TikTok’s Future Hangs in Balance
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.
