FY2026 EPS Estimates for Taseko Mines Increased by Analyst

Key Points

• National Bank Financial has increased its FY2026 earnings estimate for Taseko Mines from $0.31 to $0.32 per share, exceeding the current consensus estimate of $0.20 per share.
• TD Securities downgraded Taseko Mines from a "strong-buy" to a "hold" rating but raised the target price from $3.50 to $5.00, while MarketBeat reports a consensus rating of "Moderate Buy" with the same average target price.
• Taseko Mines' stock has risen by 8.6%, with a current trading price of $4.06, reflecting positive sentiment among institutional investors who have recently increased their stakes in the company.

Taseko Mines Limited (NYSE:TGB - Free Report) - Investment analysts at National Bank Financial lifted their FY2026 earnings estimates for shares of Taseko Mines in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.32 per share for the year, up from their prior forecast of $0.31. The consensus estimate for Taseko Mines' current full-year earnings is $0.20 per share.

A number of other analysts have also recently issued reports on TGB. TD Securities cut Taseko Mines from a "strong-buy" rating to a "hold" rating and increased their target price for the stock from $3.50 to $5.00 in a research note on Wednesday, July 16th. BMO Capital Markets reiterated an "outperform" rating on shares of Taseko Mines in a report on Friday, August 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Taseko Mines currently has a consensus rating of "Moderate Buy" and an average target price of $5.00.

Taseko Mines Stock Up 8.6%

NYSE:TGB opened at $4.06 on Thursday. Taseko Mines has a 1 year low of $1.67 and a 1 year high of $4.21. The stock has a 50-day moving average price of $3.34 and a two-hundred day moving average price of $2.76. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of -135.33 and a beta of 1.18. The company has a current ratio of 1.71, a quick ratio of 1.05 and a debt-to-equity ratio of 1.48.

Institutional Investors Weigh In On Taseko Mines

A number of large investors have recently added to or reduced their stakes in the business. Deutsche Bank AG raised its holdings in Taseko Mines by 88.2% in the 4th quarter. Deutsche Bank AG now owns 19,857 shares of the company's stock valued at $39,000 after acquiring an additional 9,308 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Taseko Mines during the 2nd quarter worth approximately $52,000. Ausdal Financial Partners Inc. bought a new stake in shares of Taseko Mines in the second quarter worth $52,000. Dynamic Technology Lab Private Ltd acquired a new stake in Taseko Mines in the first quarter valued at $65,000. Finally, HighTower Advisors LLC raised its position in Taseko Mines by 51.9% during the 1st quarter. HighTower Advisors LLC now owns 32,646 shares of the company's stock worth $73,000 after purchasing an additional 11,150 shares during the last quarter. Institutional investors own 17.94% of the company's stock.

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.

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