Taseko Mines Limited (NYSE:TGB – Free Report) – Research analysts at National Bank Financial reduced their Q1 2025 earnings per share estimates for shares of Taseko Mines in a report released on Thursday, February 20th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of ($0.01) per share for the quarter, down from their previous forecast of $0.03. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for Taseko Mines’ current full-year earnings is $0.20 per share. National Bank Financial also issued estimates for Taseko Mines’ Q2 2025 earnings at $0.02 EPS and FY2027 earnings at $0.49 EPS.
Separately, StockNews.com cut Taseko Mines from a “hold” rating to a “sell” rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $3.50.
Taseko Mines Trading Down 2.4 %
Shares of Taseko Mines stock opened at $2.07 on Monday. The stock has a market cap of $630.67 million, a P/E ratio of -69.00 and a beta of 1.70. The stock’s 50 day simple moving average is $2.02 and its 200-day simple moving average is $2.15. Taseko Mines has a 1-year low of $1.46 and a 1-year high of $3.15. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Abacus Wealth Partners LLC acquired a new position in Taseko Mines in the fourth quarter valued at approximately $29,000. BIP Wealth LLC acquired a new position in Taseko Mines in the fourth quarter valued at approximately $30,000. Cadence Bank acquired a new position in Taseko Mines in the fourth quarter valued at approximately $32,000. Lido Advisors LLC acquired a new position in Taseko Mines during the fourth quarter worth $37,000. Finally, Quantinno Capital Management LP acquired a new position in Taseko Mines during the third quarter worth $38,000. 17.94% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Articles
- Five stocks we like better than Taseko Mines
- How to invest in marijuana stocks in 7 steps
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- How to Invest in Biotech Stocks
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Roth IRA Calculator: Calculate Your Potential Returns
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
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.