Taseko Mines Ltd. (TSE:TKO - Free Report) - Research analysts at National Bank Financial cut their Q4 2024 earnings estimates for Taseko Mines in a note issued to investors on Tuesday, February 4th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of ($0.01) for the quarter, down from their previous estimate of $0.05. National Bank Financial 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 raised 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, December 10th.
View Our Latest Analysis on Taseko Mines
Taseko Mines Stock Performance
Shares of TKO traded up C$0.09 during midday trading on Friday, hitting C$3.09. 543,563 shares of the company traded hands, compared to its average volume of 417,759. Taseko Mines has a 52 week low of C$1.86 and a 52 week high of C$4.20. The firm has a 50 day moving average of C$2.87 and a 200-day moving average of C$2.99. The stock has a market cap of C$906.45 million, a price-to-earnings ratio of 18.18 and a beta of 1.92.
Insider Buying and Selling
In related news, Director Anu Dhir bought 44,000 shares of the business's stock in a transaction dated Monday, January 13th. The shares were purchased at an average price of C$0.72 per share, with a total value of C$31,680.00. Also, Director Russell Edward Hallbauer purchased 100,000 shares of the firm's stock in a transaction that occurred on Thursday, November 14th. The shares were 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 currently owned by company insiders.
About Taseko Mines
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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.
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