FY2026 EPS Estimates for Taseko Mines Cut by Stifel Canada

Taseko Mines Limited (NYSE:TGB) – Equities researchers at Stifel Canada cut their FY2026 EPS estimates for shares of Taseko Mines in a report released on Sunday, December 15th. Stifel Canada analyst C. Mcgill now forecasts that the company will post earnings per share of $0.18 for the year, down from their previous estimate of $0.20. The consensus estimate for Taseko Mines’ current full-year earnings is $0.14 per share. Stifel Canada also issued estimates for Taseko Mines’ FY2027 earnings at $0.39 EPS.

Taseko Mines (NYSE:TGB) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). Taseko Mines had a net margin of 12.69% and a return on equity of 15.25%. The firm had revenue of $114.08 million during the quarter, compared to analyst estimates of $112.48 million.

Several other research firms have also commented on TGB. National Bank Financial raised shares of Taseko Mines from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 10th. StockNews.com upgraded shares of Taseko Mines from a “sell” rating to a “hold” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $3.50.

Taseko Mines Stock Performance

NYSE TGB opened at $1.92 on Tuesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05. The company has a market cap of $584.68 million, a P/E ratio of 10.11 and a beta of 1.72. The stock has a 50-day moving average of $2.19 and a two-hundred day moving average of $2.26. Taseko Mines has a 1-year low of $1.27 and a 1-year high of $3.15.

Hedge Funds Weigh In On Taseko Mines

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quantinno Capital Management LP purchased a new position in Taseko Mines in the third quarter valued at $38,000. SG Americas Securities LLC acquired a new position in shares of Taseko Mines during the 3rd quarter worth about $38,000. Ballentine Partners LLC acquired a new position in shares of Taseko Mines during the 3rd quarter worth about $42,000. Capstone Investment Advisors LLC purchased a new position in shares of Taseko Mines in the 3rd quarter valued at about $56,000. Finally, Signaturefd LLC raised its position in shares of Taseko Mines by 21.9% during the 3rd quarter. Signaturefd LLC now owns 46,808 shares of the company’s stock worth $118,000 after acquiring an additional 8,397 shares in the last quarter. 17.94% of the stock is owned by institutional investors and hedge funds.

About Taseko Mines

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.