Stifel Canada Predicts Taseko Mines' Q2 Earnings (NYSE:TGB)

Taseko Mines Limited (NYSE:TGB - Free Report) - Equities research analysts at Stifel Canada issued their Q2 2025 earnings per share estimates for shares of Taseko Mines in a report released on Tuesday, July 22nd. Stifel Canada analyst C. Mcgill forecasts that the company will earn ($0.02) per share for the quarter. The consensus estimate for Taseko Mines' current full-year earnings is $0.20 per share. Stifel Canada also issued estimates for Taseko Mines' FY2025 earnings at $0.13 EPS.

A number of other research firms have also recently weighed in on TGB. Wall Street Zen cut shares of Taseko Mines from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th. TD Securities lowered Taseko Mines from a "strong-buy" rating to a "hold" rating and lifted their price target for the company from $3.50 to $5.00 in a research note on Wednesday, July 16th.

Taseko Mines Stock Performance

Shares of TGB remained flat at $3.44 during trading hours on Friday. 3,164,300 shares of the company traded hands, compared to its average volume of 10,796,379. The business's fifty day moving average is $2.92 and its 200-day moving average is $2.39. Taseko Mines has a 1 year low of $1.67 and a 1 year high of $3.67. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of -114.67 and a beta of 1.42. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05.

Hedge Funds Weigh In On Taseko Mines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. L1 Capital Pty Ltd acquired a new stake in Taseko Mines during the 1st quarter worth $28,243,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Taseko Mines by 21.7% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,319,863 shares of the company's stock worth $25,333,000 after acquiring an additional 2,018,397 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Taseko Mines by 2.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,022,109 shares of the company's stock valued at $24,789,000 after acquiring an additional 296,508 shares in the last quarter. Renaissance Technologies LLC grew its stake in Taseko Mines by 15.6% during the 4th quarter. Renaissance Technologies LLC now owns 6,676,370 shares of the company's stock valued at $12,952,000 after acquiring an additional 900,400 shares in the last quarter. Finally, TD Asset Management Inc grew its stake in Taseko Mines by 22.2% during the 1st quarter. TD Asset Management Inc now owns 4,003,547 shares of the company's stock valued at $8,957,000 after acquiring an additional 728,241 shares in the last quarter. 17.94% of the stock is owned by hedge funds and other institutional investors.

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.