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.
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.
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