Taseko Mines FY2025 EPS Forecast Lifted by Stifel Canada

Taseko Mines Ltd. (TSE:TKO) – Analysts at Stifel Canada upped their FY2025 earnings estimates for shares of Taseko Mines in a report issued on Sunday, December 15th. Stifel Canada analyst C. Mcgill now expects that the company will post earnings per share of $0.33 for the year, up from their previous forecast of $0.22. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share.

A number of other brokerages also recently commented on TKO. National Bank Financial upgraded Taseko Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th. National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and dropped their price objective for the company from C$4.50 to C$4.25 in a research note on Tuesday, December 10th.

Taseko Mines Price Performance

Shares of TKO opened at C$2.89 on Wednesday. Taseko Mines has a 52 week low of C$1.72 and a 52 week high of C$4.20. The firm has a market capitalization of C$847.78 million, a price-to-earnings ratio of 17.00 and a beta of 1.92. The company’s 50-day moving average is C$3.08.

Insider Buying and Selling

In other news, Director Russell Edward Hallbauer bought 100,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was bought at an average price of C$2.83 per share, for a total transaction of C$283,000.00. 2.58% of the stock is owned by corporate insiders.

About Taseko Mines

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.