National Bank Financial Upgrades Taseko Mines (TSE:TKO) to "Strong-Buy"

National Bank Financial upgraded shares of Taseko Mines (TSE:TKO - Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for Taseko Mines' FY2025 earnings at $0.18 EPS.

Separately, National Bankshares raised Taseko Mines from a "sector perform" rating to an "outperform" rating and lowered their price objective for the company from C$4.50 to C$4.25 in a research report on Tuesday.

Taseko Mines Stock Performance

TKO stock traded up C$0.08 during midday trading on Monday, hitting C$3.07. The company's stock had a trading volume of 404,017 shares, compared to its average volume of 414,336. Taseko Mines has a 12 month low of C$1.56 and a 12 month high of C$4.20. The business has a 50-day simple moving average of C$3.13. The stock has a market capitalization of C$900.58 million, a P/E ratio of 17.59 and a beta of 1.92.

Insider Transactions at Taseko Mines

In other Taseko Mines news, Director Russell Edward Hallbauer purchased 100,000 shares of the stock in a transaction dated Thursday, November 14th. The stock was purchased at an average price of C$2.83 per share, with a total value of C$283,000.00. Corporate insiders own 2.58% of the company's stock.

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.