Brokerages Set Taseko Mines Limited (TSE:TKO) Target Price at C$2.55

Taseko Mines Limited (TSE:TKOGet Rating) (NYSE:TGB) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$2.55.

TKO has been the subject of a number of recent research reports. Scotiabank lifted their price target on shares of Taseko Mines from C$1.75 to C$2.00 in a research report on Thursday, October 13th. Canaccord Genuity Group set a C$3.30 price target on shares of Taseko Mines and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets lowered their price target on shares of Taseko Mines from C$2.75 to C$2.50 in a research report on Tuesday, August 9th. National Bankshares lowered their price target on shares of Taseko Mines from C$2.00 to C$1.90 and set a “sector perform” rating for the company in a research report on Monday, November 7th. Finally, TD Securities reduced their price objective on shares of Taseko Mines from C$2.50 to C$2.25 and set a “buy” rating for the company in a research note on Wednesday, August 10th.

Taseko Mines Trading Down 0.5 %

TSE:TKO opened at C$1.83 on Tuesday. Taseko Mines has a 12 month low of C$1.15 and a 12 month high of C$3.00. The stock has a market cap of C$524.12 million and a price-to-earnings ratio of 15.25. The company has a 50-day moving average price of C$1.61 and a 200-day moving average price of C$1.59. The company has a current ratio of 2.28, a quick ratio of 1.38 and a debt-to-equity ratio of 156.48.

About Taseko Mines

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Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gibraltar mine located in British Columbia. It also holds 100% interest in 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.

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Analyst Recommendations for Taseko Mines (TSE:TKO)

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