Taseko Mines Q1 EPS Reduced by National Bank Financial

Taseko Mines Limited (NYSE:TGB - Free Report) - Analysts at National Bank Financial dropped their Q1 2025 earnings per share (EPS) estimates for Taseko Mines in a research note issued to investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of ($0.03) per share for the quarter, down from their previous forecast of ($0.01). The consensus estimate for Taseko Mines' current full-year earnings is $0.20 per share.

Separately, StockNews.com raised shares of Taseko Mines from a "sell" rating to a "hold" rating in a research report on Friday, April 11th.

Taseko Mines Stock Up 5.7 %

Shares of Taseko Mines stock traded up $0.12 on Friday, hitting $2.24. The company had a trading volume of 10,691,881 shares, compared to its average volume of 5,484,218. Taseko Mines has a 1 year low of $1.67 and a 1 year high of $3.15. 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 stock has a 50 day moving average of $2.14 and a 200-day moving average of $2.13. The stock has a market capitalization of $695.80 million, a price-to-earnings ratio of -74.67 and a beta of 1.48.

Institutional Investors Weigh In On Taseko Mines

Institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC raised its holdings in Taseko Mines by 82.3% during the 3rd quarter. Tidal Investments LLC now owns 13,693,081 shares of the company's stock valued at $34,507,000 after acquiring an additional 6,182,981 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Taseko Mines by 2.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,725,601 shares of the company's stock worth $20,880,000 after purchasing an additional 297,403 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Taseko Mines by 52.9% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,301,466 shares of the company's stock valued at $18,095,000 after buying an additional 3,217,385 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Taseko Mines by 15.6% during the fourth quarter. Renaissance Technologies LLC now owns 6,676,370 shares of the company's stock valued at $12,952,000 after buying an additional 900,400 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Taseko Mines by 16.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,802,466 shares of the company's stock valued at $5,449,000 after acquiring an additional 396,883 shares during the period. 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.