Analysts Offer Predictions for Taseko Mines FY2025 Earnings

Key Points

• National Bank Financial raised its FY2025 earnings forecast for Taseko Mines to $0.13 per share, increasing from a previous estimate of $0.12, with a consensus estimate of $0.28 per share for the current full year.
• The stock was recently upgraded to an "outperform" rating with a new price target of C$5.25 by National Bankshares, while TD Securities changed its rating from "strong-buy" to "hold" with a price target of C$5.00.
• Taseko Mines' stock has experienced a 9.3% increase, and an insider recently sold 150,000 shares for a total of C$759,750, impacting their ownership significantly.

Taseko Mines Ltd. (TSE:TKO - Free Report) - Investment analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of Taseko Mines in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.13 per share for the year, up from their previous estimate of $0.12. The consensus estimate for Taseko Mines' current full-year earnings is $0.28 per share. National Bank Financial also issued estimates for Taseko Mines' FY2026 earnings at $0.44 EPS.

TKO has been the subject of a number of other reports. National Bankshares upped their price objective on Taseko Mines from C$4.50 to C$5.25 and gave the stock an "outperform" rating in a research note on Tuesday, June 24th. TD Securities lowered shares of Taseko Mines from a "strong-buy" rating to a "hold" rating and increased their price target for the company from C$3.50 to C$5.00 in a research report on Wednesday, July 16th. Finally, Paradigm Capital increased their price target on shares of Taseko Mines from C$4.50 to C$5.25 and gave the company a "buy" rating in a research report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$5.17.

Taseko Mines Stock Up 9.3%

Taseko Mines stock opened at C$5.63 on Thursday. The business has a fifty day moving average of C$4.59 and a two-hundred day moving average of C$3.82. The firm has a market cap of C$1.78 billion, a P/E ratio of -56.30 and a beta of 1.31. Taseko Mines has a twelve month low of C$2.38 and a twelve month high of C$5.85.

Insider Activity at Taseko Mines

In related news, insider Robert John Rotzinger sold 150,000 shares of the firm's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of C$5.07, for a total value of C$759,750.00. Following the completion of the transaction, the insider owned 131,958 shares in the company, valued at C$668,367.27. This trade represents a 53.20% decrease in their position. Also, Senior Officer Trevor Thomas sold 35,000 shares of the firm's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of C$4.92, for a total value of C$172,200.00. In the last three months, insiders sold 285,100 shares of company stock worth $1,405,950. Corporate insiders own 2.58% of the company's stock.

About Taseko Mines

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.

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