Taseko Mines FY2025 EPS Lowered by National Bank Financial

Taseko Mines Limited (NYSE:TGBFree Report) – Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for Taseko Mines in a note issued to investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.06 per share for the year, down from their prior forecast of $0.10. The consensus estimate for Taseko Mines’ current full-year earnings is $0.20 per share. National Bank Financial also issued estimates for Taseko Mines’ FY2026 earnings at $0.25 EPS.

Separately, StockNews.com raised Taseko Mines from a “sell” rating to a “hold” rating in a research report on Friday, April 11th.

Read Our Latest Research Report on Taseko Mines

Taseko Mines Stock Up 1.9 %

Shares of NYSE TGB opened at $2.12 on Thursday. The business has a 50-day moving average of $2.15 and a two-hundred day moving average of $2.14. The company has a market capitalization of $658.52 million, a price-to-earnings ratio of -70.67 and a beta of 1.48. Taseko Mines has a 1 year low of $1.67 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 Trading of Taseko Mines

Several institutional investors have recently modified their holdings of the stock. Abacus Wealth Partners LLC purchased a new position in Taseko Mines during the 4th quarter worth approximately $29,000. BIP Wealth LLC purchased a new stake in Taseko Mines in the fourth quarter valued at approximately $30,000. Cadence Bank acquired a new stake in shares of Taseko Mines in the fourth quarter valued at approximately $32,000. Lido Advisors LLC purchased a new position in shares of Taseko Mines during the fourth quarter worth approximately $37,000. Finally, Quantinno Capital Management LP acquired a new position in shares of Taseko Mines in the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 17.94% of the company’s stock.

Taseko Mines Company Profile

(Get Free Report)

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 Stories

Earnings History and Estimates for Taseko Mines (NYSE:TGB)

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.