Taseko Mines Ltd. (TSE:TKO – Free Report) – Stock analysts at National Bank Financial decreased their FY2024 EPS estimates for Taseko Mines in a research report issued to clients and investors on Monday, October 14th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.19 per share for the year, down from their previous forecast of $0.24. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share.
Taseko Mines (TSE:TKO – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.04) by C$0.14. The firm had revenue of C$137.73 million during the quarter, compared to analysts’ expectations of C$121.00 million. Taseko Mines had a net margin of 8.05% and a return on equity of 11.36%.
Read Our Latest Analysis on TKO
Taseko Mines Stock Performance
Shares of Taseko Mines stock opened at C$3.27 on Thursday. Taseko Mines has a 12-month low of C$1.45 and a 12-month high of C$4.20. The stock has a market capitalization of C$959.25 million, a PE ratio of 19.24 and a beta of 1.92. The firm has a 50-day moving average of C$3.10.
Insider Activity
In other Taseko Mines news, Director Russell Edward Hallbauer purchased 25,000 shares of the stock in a transaction dated Wednesday, August 7th. The shares were acquired at an average cost of C$2.73 per share, for a total transaction of C$68,250.00. Company 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.
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