FY2025 EPS Estimates for Taseko Mines Lowered by Analyst

Taseko Mines Ltd. (TSE:TKO) – Research analysts at National Bank Financial reduced their FY2025 earnings per share estimates for Taseko Mines in a report released on Monday, December 9th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $0.18 per share for the year, down from their previous forecast of $0.24. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share.

Separately, National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and decreased their price target for the stock from C$4.50 to C$4.25 in a research note on Tuesday.

Taseko Mines Price Performance

Shares of TSE:TKO opened at C$2.98 on Wednesday. The firm has a market cap of C$874.18 million, a price-to-earnings ratio of 17.53 and a beta of 1.92. Taseko Mines has a 1-year low of C$1.56 and a 1-year high of C$4.20. The stock’s 50 day moving average price is C$3.11.

Insiders Place Their Bets

In other news, Director Russell Edward Hallbauer purchased 100,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost 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.