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Stifel Canada Forecasts Weaker Earnings for Taseko Mines

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Key Points

  • Stifel Canada has revised its Q3 2025 earnings per share estimate for Taseko Mines from $0.07 to $0.01, reflecting a significant decrease in expected performance.
  • The average rating for Taseko Mines stock is currently a Moderate Buy with a consensus target price of $5.00 according to analysts.
  • Large institutional investors have recently increased their stakes in Taseko Mines, with some firms boosting their holdings by significant percentages during the first quarter.
  • MarketBeat previews the top five stocks to own by November 1st.

Taseko Mines Limited (NYSE:TGB - Free Report) - Analysts at Stifel Canada decreased their Q3 2025 earnings per share estimates for shares of Taseko Mines in a report issued on Tuesday, October 21st. Stifel Canada analyst C. Mcgill now expects that the company will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.07. The consensus estimate for Taseko Mines' current full-year earnings is $0.20 per share. Stifel Canada also issued estimates for Taseko Mines' Q4 2025 earnings at $0.08 EPS and FY2026 earnings at $0.31 EPS.

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

Check Out Our Latest Analysis on Taseko Mines

Taseko Mines Stock Performance

NYSE TGB opened at $3.88 on Thursday. The company has a market cap of $1.23 billion, a P/E ratio of -129.33 and a beta of 1.28. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.05 and a current ratio of 1.71. The business's 50 day moving average price is $3.71 and its 200-day moving average price is $3.03. Taseko Mines has a fifty-two week low of $1.67 and a fifty-two week high of $4.84.

Hedge Funds Weigh In On Taseko Mines

Large investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. boosted its holdings in Taseko Mines by 186.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 79,957 shares of the company's stock valued at $179,000 after acquiring an additional 52,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 during the period. Nuveen LLC purchased a new position in Taseko Mines during the 1st quarter valued at $659,000. HighTower Advisors LLC boosted its holdings in Taseko Mines by 51.9% during the 1st quarter. HighTower Advisors LLC now owns 32,646 shares of the company's stock valued at $73,000 after acquiring an additional 11,150 shares during the period. Finally, Swiss National Bank boosted its holdings in Taseko Mines by 3.8% during the 1st quarter. Swiss National Bank now owns 593,500 shares of the company's stock valued at $1,329,000 after acquiring an additional 21,500 shares during the period. Hedge funds and other institutional investors own 17.94% of the company's stock.

About Taseko Mines

(Get Free Report)

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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Earnings History and Estimates for Taseko Mines (NYSE:TGB)

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