Q2 EPS Estimates for Taseko Mines Lowered by Analyst

Taseko Mines Ltd. (TSE:TKO - Free Report) - Investment analysts at National Bank Financial reduced their Q2 2025 earnings estimates for shares of Taseko Mines in a research report issued to clients and investors on Tuesday, July 8th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of ($0.04) per share for the quarter, down from their previous forecast of ($0.02). The consensus estimate for Taseko Mines' current full-year earnings is $0.28 per share. National Bank Financial also issued estimates for Taseko Mines' FY2025 earnings at $0.10 EPS and FY2026 earnings at $0.43 EPS.

A number of other equities research analysts have also commented on the stock. National Bankshares increased their price objective on shares of Taseko Mines from C$4.50 to C$5.25 and gave the stock an "outperform" rating in a report on Tuesday, June 24th. Paradigm Capital increased their price objective on shares of Taseko Mines from C$4.50 to C$5.25 and gave the stock a "buy" rating in a report on Monday.

Taseko Mines Price Performance

Shares of TKO traded down C$0.07 during trading hours on Friday, hitting C$4.91. The stock had a trading volume of 443,634 shares, compared to its average volume of 624,833. Taseko Mines has a 52 week low of C$2.38 and a 52 week high of C$5.05. The company's fifty day moving average is C$3.59 and its two-hundred day moving average is C$3.20. The stock has a market capitalization of C$1.49 billion, a price-to-earnings ratio of 19.20 and a beta of 1.92.

Insider Buying and Selling at Taseko Mines

In other Taseko Mines news, Senior Officer Trevor Thomas sold 35,000 shares of the company's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of C$4.92, for a total transaction of C$172,200.00. Also, Director Russell Edward Hallbauer sold 51,100 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of C$4.60, for a total transaction of C$235,060.00. In the last three months, insiders have sold 170,100 shares of company stock worth $784,200. Company 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.