Taseko Mines FY2025 EPS Cut by National Bank Financial

Taseko Mines Limited (NYSE:TGB - Free Report) - Equities research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Taseko Mines in a research note issued to investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $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 upgraded shares of Taseko Mines from a "sell" rating to a "hold" rating in a report on Friday, April 11th.

Taseko Mines Stock Up 4.7 %

TGB stock traded up $0.10 during trading hours on Thursday, hitting $2.14. The company's stock had a trading volume of 8,652,753 shares, compared to its average volume of 5,421,886. Taseko Mines has a 12 month low of $1.67 and a 12 month high of $3.15. The stock has a 50 day moving average price of $2.15 and a two-hundred day moving average price of $2.13. The company has a market capitalization of $663.18 million, a PE ratio of -71.17 and a beta of 1.48. The company has a quick ratio of 1.05, a current ratio of 1.71 and a debt-to-equity ratio of 1.48.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TGB. Quantinno Capital Management LP acquired a new position in shares of Taseko Mines during the 3rd quarter worth $38,000. Abacus Wealth Partners LLC purchased a new position in shares of Taseko Mines during the 4th quarter valued at $29,000. BIP Wealth LLC bought a new position in Taseko Mines in the 4th quarter worth about $30,000. Cadence Bank purchased a new position in shares of Taseko Mines during the fourth quarter worth about $32,000. Finally, Lido Advisors LLC bought a new stake in Taseko Mines during the fourth quarter worth about $37,000. 17.94% of the stock is currently owned by institutional investors.

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.