Taseko Mines (TKO) Trading 10.6% Higher

Share on StockTwits

Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) traded up 10.6% during trading on Wednesday . The stock traded as high as C$1.04 and last traded at C$1.04. 251,168 shares were traded during mid-day trading, an increase of 17% from the average session volume of 213,921 shares. The stock had previously closed at C$0.94.

Several equities research analysts have recently commented on the company. TD Securities cut their price objective on Taseko Mines from C$1.60 to C$1.30 and set a “speculative buy” rating for the company in a report on Thursday, February 14th. National Bank Financial cut their price objective on Taseko Mines from C$1.85 to C$1.50 and set an “outperform” rating for the company in a report on Wednesday, February 13th. reissued a “buy” rating and issued a C$1.50 price objective on shares of Taseko Mines in a report on Wednesday, February 13th. Finally, reissued a “buy” rating and issued a C$1.50 price objective on shares of Taseko Mines in a report on Wednesday, February 13th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of C$1.46.

The company has a quick ratio of 1.11, a current ratio of 1.82 and a debt-to-equity ratio of 102.42. The stock has a market capitalization of $201.48 million and a P/E ratio of -6.50.

Taseko Mines (TSE:TKO) (NYSE:TGB) last issued its quarterly earnings results on Tuesday, February 12th. The company reported C($0.01) EPS for the quarter, hitting the Zacks’ consensus estimate of C($0.01). The company had revenue of C$111.12 million during the quarter. On average, equities analysts forecast that Taseko Mines Ltd will post 0.05 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This news story was reported by Fairfield Current and is the property of of Fairfield Current. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.fairfieldcurrent.com/news/2019/04/17/taseko-mines-tko-trading-10-6-higher.html.

About Taseko Mines (TSE:TKO)

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper-molybdenum mine located in south-central British Columbia.

Read More: How to Calculate Compound Annual Growth Rate (CAGR)

Receive News & Ratings for Taseko Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taseko Mines and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply