Stifel Canada Estimates Taseko Mines Q3 Earnings

Taseko Mines Ltd. (TSE:TKO - Free Report) - Stifel Canada issued their Q3 2024 earnings per share estimates for Taseko Mines in a research note issued on Tuesday, October 15th. Stifel Canada analyst C. Mcgill expects that the company will post earnings of $0.01 per share for the quarter. The consensus estimate for Taseko Mines' current full-year earnings is $0.28 per share. Stifel Canada also issued estimates for Taseko Mines' FY2024 earnings at $0.22 EPS.

Taseko Mines (TSE:TKO - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C$0.10 earnings per share for the quarter, beating analysts' consensus estimates of C($0.04) by C$0.14. The business had revenue of C$137.73 million for the quarter, compared to the consensus estimate of C$121.00 million. Taseko Mines had a return on equity of 11.36% and a net margin of 8.05%.

Separately, National Bankshares increased their price target on Taseko Mines from C$4.25 to C$4.50 in a report on Friday, October 4th.

Taseko Mines Stock Performance

TKO traded up C$0.04 during trading on Friday, reaching C$3.31. 225,653 shares of the stock traded hands, compared to its average volume of 421,395. The stock has a market cap of C$970.99 million, a PE ratio of 19.47 and a beta of 1.92. Taseko Mines has a fifty-two week low of C$1.45 and a fifty-two week high of C$4.20. The firm's 50-day moving average price is C$3.11.

Insider Activity

In other Taseko Mines news, Director Russell Edward Hallbauer purchased 25,000 shares of the business's stock in a transaction on Wednesday, August 7th. The stock was purchased at an average price of C$2.73 per share, for a total transaction of C$68,250.00. Corporate insiders own 2.58% of the company's stock.

About Taseko Mines

TKO Group Holdings, Inc operates as a sports and entertainment company. It operates through four segments: Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. The company produces live events, television programs, and long-form and short-form video content across various platforms, including broadcast, pay television, and streaming, as well as digital and social media across approximately 170 countries.