Taseko Mines Limited (NYSE:TGB – Free Report) – Investment analysts at National Bank Financial decreased their Q1 2025 earnings per share estimates for shares of Taseko Mines in a research note issued to investors 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 estimate of $0.03. National Bank Financial 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 shares of Taseko Mines from a “hold” rating to a “sell” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $3.50.
Taseko Mines Stock Up 3.4 %
Shares of TGB opened at $2.12 on Monday. The stock has a 50 day moving average price of $2.02 and a 200 day moving average price of $2.15. Taseko Mines has a one year low of $1.46 and a one year high of $3.15. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.05 and a current ratio of 1.71. The stock has a market capitalization of $645.90 million, a price-to-earnings ratio of -70.67 and a beta of 1.70.
Institutional Investors Weigh In On Taseko Mines
Large investors have recently made changes to their positions in the stock. Quantinno Capital Management LP purchased a new stake in shares of Taseko Mines during the 3rd quarter valued at approximately $38,000. Abacus Wealth Partners LLC purchased a new position in Taseko Mines during the fourth quarter worth about $29,000. SG Americas Securities LLC acquired a new position in shares of Taseko Mines in the 3rd quarter worth approximately $38,000. BIP Wealth LLC acquired a new position in Taseko Mines during the fourth quarter worth $30,000. Finally, Ballentine Partners LLC purchased a new position in shares of Taseko Mines during the third quarter worth $42,000. 17.94% of the stock is currently owned by hedge funds and other institutional investors.
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
- What Are Dividend Challengers?
- Finding Hidden Gems: Unconventional Penny Stock Investing
- 3 Tickers Leading a Meme Stock Revival
- Price Targets on NVIDIA Rise in Front of Earnings
- Bank Stocks – Best Bank Stocks to Invest In
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
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.