Taseko Mines Limited (NYSE:TGB - Free Report) - Equities research analysts at National Bank Financial increased their FY2025 EPS estimates for Taseko Mines in a research report issued on Monday, October 14th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.24 per share for the year, up from their prior estimate of $0.20. The consensus estimate for Taseko Mines' current full-year earnings is $0.18 per share.
Taseko Mines (NYSE:TGB - Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.10. Taseko Mines had a net margin of 13.07% and a return on equity of 18.82%. The firm had revenue of $100.66 million during the quarter, compared to analyst estimates of $88.01 million.
Taseko Mines Trading Up 0.8 %
NYSE TGB traded up $0.02 on Wednesday, reaching $2.41. The company had a trading volume of 2,604,510 shares, compared to its average volume of 2,760,112. The stock's 50 day moving average is $2.26 and its 200-day moving average is $2.40. The stock has a market cap of $704.63 million, a price-to-earnings ratio of 9.96 and a beta of 1.74. The company has a quick ratio of 1.34, a current ratio of 2.09 and a debt-to-equity ratio of 1.57. Taseko Mines has a 52 week low of $1.05 and a 52 week high of $3.15.
Institutional Investors Weigh In On Taseko Mines
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TGB. Keystone Wealth Services LLC bought a new stake in Taseko Mines in the second quarter valued at about $37,000. SG Americas Securities LLC acquired a new position in Taseko Mines in the third quarter valued at about $38,000. Point72 Asset Management L.P. acquired a new position in Taseko Mines in the second quarter valued at about $157,000. Cubist Systematic Strategies LLC grew its stake in Taseko Mines by 58.6% in the second quarter. Cubist Systematic Strategies LLC now owns 97,497 shares of the company's stock valued at $239,000 after acquiring an additional 36,010 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its stake in Taseko Mines by 7.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 103,682 shares of the company's stock valued at $261,000 after acquiring an additional 7,070 shares during the period. 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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