Stifel Canada Increases Earnings Estimates for Taseko Mines

Taseko Mines Ltd. (TSE:TKO) – Stock analysts at Stifel Canada increased their FY2025 earnings per share estimates for shares of Taseko Mines in a research report issued to clients and investors on Monday, August 11th. Stifel Canada analyst C. Mcgill now forecasts that the company will post earnings of $0.25 per share for the year, up from their prior estimate of $0.18. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share. Stifel Canada also issued estimates for Taseko Mines’ FY2026 earnings at $0.35 EPS.

A number of other brokerages have also issued reports on TKO. TD Securities lowered Taseko Mines from a “strong-buy” rating to a “hold” rating and boosted their price target for the stock from C$3.50 to C$5.00 in a research report on Wednesday, July 16th. National Bankshares upped their price objective on Taseko Mines from C$4.50 to C$5.25 and gave the company an “outperform” rating in a report on Tuesday, June 24th. Finally, Paradigm Capital upped their price objective on Taseko Mines from C$4.50 to C$5.25 and gave the company a “buy” rating in a report on Monday, July 7th.

Taseko Mines Stock Performance

Shares of TKO stock opened at C$4.58 on Thursday. Taseko Mines has a 1 year low of C$2.38 and a 1 year high of C$5.05. The stock has a fifty day moving average of C$4.36 and a two-hundred day moving average of C$3.48. The firm has a market capitalization of C$1.39 billion, a PE ratio of 17.91 and a beta of 1.92.

Insider Activity

In other news, Senior Officer Richard James Weymark sold 34,000 shares of the company’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of C$4.91, for a total value of C$166,940.00. Also, Senior Officer Trevor Thomas sold 35,000 shares of the company’s stock in a transaction on Thursday, July 10th. The shares were sold at an average price of C$4.92, for a total value of C$172,200.00. Insiders sold a total of 185,100 shares of company stock worth $856,200 over the last 90 days. 2.58% of the stock is currently owned by company insiders.

About Taseko Mines

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.