Taseko Mines Limited (NYSE:TGB - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings estimates for Taseko Mines in a research report issued to clients and investors on Thursday, November 7th. National Bank Financial analyst S. Nagle forecasts that the company will earn $0.03 per share for the quarter. The consensus estimate for Taseko Mines' current full-year earnings is $0.15 per share.
Taseko Mines (NYSE:TGB - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). Taseko Mines had a net margin of 12.69% and a return on equity of 15.46%. The business had revenue of $114.08 million during the quarter, compared to the consensus estimate of $112.48 million.
Taseko Mines Stock Performance
Shares of Taseko Mines stock traded down $0.14 during trading hours on Monday, hitting $2.25. 5,165,278 shares of the company's stock traded hands, compared to its average volume of 2,836,215. The company has a fifty day simple moving average of $2.32 and a 200-day simple moving average of $2.39. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.09 and a quick ratio of 1.34. The stock has a market capitalization of $675.44 million, a price-to-earnings ratio of 12.58 and a beta of 1.77. Taseko Mines has a 12-month low of $1.14 and a 12-month high of $3.15.
Hedge Funds Weigh In On Taseko Mines
Large investors have recently modified their holdings of the business. Anthracite Investment Company Inc. raised its holdings in shares of Taseko Mines by 6.5% in the 3rd quarter. Anthracite Investment Company Inc. now owns 1,579,460 shares of the company's stock valued at $3,980,000 after acquiring an additional 96,000 shares in the last quarter. Aigen Investment Management LP bought a new stake in Taseko Mines during the 3rd quarter valued at $199,000. Ballentine Partners LLC bought a new stake in shares of Taseko Mines in the third quarter worth about $42,000. Dakota Wealth Management raised its holdings in shares of Taseko Mines by 1.5% during the third quarter. Dakota Wealth Management now owns 457,939 shares of the company's stock valued at $1,154,000 after acquiring an additional 6,973 shares in the last quarter. Finally, Signaturefd LLC lifted its position in shares of Taseko Mines by 21.9% in the 3rd quarter. Signaturefd LLC now owns 46,808 shares of the company's stock worth $118,000 after purchasing an additional 8,397 shares during the period. Hedge funds and other institutional investors own 17.94% of the company's stock.
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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