FY2025 EPS Estimates for Taseko Mines Reduced by Analyst

Taseko Mines Ltd. (TSE:TKO - Free Report) - National Bank Financial reduced their FY2025 earnings estimates for Taseko Mines in a note issued to investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.08 per share for the year, down from their prior forecast of $0.14. 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 $0.35 EPS.

Separately, National Bankshares lifted their target price on Taseko Mines from C$4.25 to C$4.50 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd.

Taseko Mines Trading Up 4.2 %

Shares of TKO traded up C$0.12 during trading hours on Thursday, hitting C$2.96. 169,779 shares of the stock traded hands, compared to its average volume of 589,920. The firm has a market capitalization of C$898.25 million, a PE ratio of 11.58 and a beta of 1.92. The business has a fifty day moving average of C$3.05 and a 200-day moving average of C$3.02. Taseko Mines has a 1-year low of C$2.38 and a 1-year high of C$4.20.

Insider Activity at Taseko Mines

In other news, Director Kenneth William Pickering purchased 15,000 shares of the business's stock in a transaction on Friday, March 28th. The stock was purchased at an average cost of C$3.25 per share, with a total value of C$48,750.00. Also, Director Russell Edward Hallbauer sold 50,000 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$1.23, for a total transaction of C$61,500.00. 2.58% of the stock is owned by insiders.

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.