Analysts Set Expectations for Taseko Mines FY2025 Earnings

Taseko Mines Ltd. (TSE:TKO - Free Report) - Stock analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for shares of Taseko Mines in a research note issued on Monday, December 9th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.18 for the year, down from their prior forecast of $0.24. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Taseko Mines' current full-year earnings is $0.28 per share.

Separately, National Bankshares upgraded shares of Taseko Mines from a "sector perform" rating to an "outperform" rating and dropped their price target for the company from C$4.50 to C$4.25 in a research note on Tuesday.

Taseko Mines Stock Performance

TKO stock traded up C$0.07 during mid-day trading on Wednesday, hitting C$3.06. The company had a trading volume of 480,278 shares, compared to its average volume of 414,904. The stock has a market cap of C$897.65 million, a price-to-earnings ratio of 17.59 and a beta of 1.92. Taseko Mines has a 12 month low of C$1.56 and a 12 month high of C$4.20. The firm's fifty day moving average is C$3.13.

Insiders Place Their Bets

In related news, Director Russell Edward Hallbauer acquired 100,000 shares of Taseko Mines stock in a transaction on Thursday, November 14th. The shares were acquired at an average cost of C$2.83 per share, with a total value of C$283,000.00. 2.58% of the stock is currently owned by insiders.

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.