Taseko Mines Limited (NYSE:TGB – Free Report) – Investment analysts at Stifel Canada increased their FY2026 earnings per share estimates for Taseko Mines in a research note issued on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now anticipates that the company will post earnings per share of $0.21 for the year, up from their previous estimate of $0.18. The consensus estimate for Taseko Mines’ current full-year earnings is $0.14 per share.
Several other equities analysts have also weighed in on TGB. StockNews.com upgraded Taseko Mines from a “sell” rating to a “hold” rating in a research note on Wednesday, December 11th. National Bank Financial upgraded Taseko Mines from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 10th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $3.50.
Taseko Mines Stock Down 1.1 %
TGB opened at $1.87 on Monday. The company has a fifty day moving average of $2.02 and a two-hundred day moving average of $2.17. The stock has a market capitalization of $569.49 million, a price-to-earnings ratio of 9.84 and a beta of 1.72. Taseko Mines has a fifty-two week low of $1.33 and a fifty-two week 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.
Taseko Mines (NYSE:TGB – Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $114.08 million for the quarter, compared to analysts’ expectations of $112.48 million. Taseko Mines had a net margin of 12.69% and a return on equity of 15.25%.
Hedge Funds Weigh In On Taseko Mines
A number of hedge funds have recently made changes to their positions in TGB. Abacus Wealth Partners LLC acquired a new position in Taseko Mines during the fourth quarter worth about $29,000. SG Americas Securities LLC purchased a new position in Taseko Mines in the 3rd quarter worth approximately $38,000. Quantinno Capital Management LP acquired a new position in shares of Taseko Mines during the 3rd quarter worth approximately $38,000. Ballentine Partners LLC acquired a new stake in shares of Taseko Mines in the third quarter valued at approximately $42,000. Finally, Capstone Investment Advisors LLC purchased a new position in Taseko Mines during the third quarter worth approximately $56,000. Institutional investors and hedge funds own 17.94% of the company’s stock.
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 Stories
- Five stocks we like better than Taseko Mines
- Trading Stocks: RSI and Why it’s Useful
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Insider Trading – What You Need to Know
- What Does the Future Hold for Eli Lilly?
- Investing In Preferred Stock vs. Common Stock
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
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.