Taseko Mines (TSE:TKO) Given a C$3.30 Price Target by Canaccord Genuity Group Analysts

Canaccord Genuity Group set a C$3.30 price target on Taseko Mines (TSE:TKOGet Rating) (NYSE:TGB) in a research note released on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other analysts have also weighed in on TKO. National Bankshares reduced their target price on Taseko Mines from C$2.00 to C$1.90 and set a sector perform rating on the stock in a research note on Monday, November 7th. TD Securities reduced their target price on Taseko Mines from C$2.50 to C$2.25 and set a buy rating on the stock in a research note on Wednesday, August 10th. Scotiabank increased their target price on Taseko Mines from C$1.75 to C$2.00 in a research note on Thursday, October 13th. Finally, BMO Capital Markets reduced their target price on Taseko Mines from C$2.75 to C$2.50 in a research note on Tuesday, August 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Taseko Mines has a consensus rating of Moderate Buy and a consensus price target of C$2.55.

Taseko Mines Stock Performance

TSE:TKO opened at C$1.81 on Tuesday. The stock’s fifty day moving average is C$1.60 and its 200 day moving average is C$1.59. Taseko Mines has a fifty-two week low of C$1.15 and a fifty-two week high of C$3.00. The firm has a market capitalization of C$518.39 million and a PE ratio of 15.08. The company has a debt-to-equity ratio of 156.48, a quick ratio of 1.38 and a current ratio of 2.28.

Taseko Mines Company Profile

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Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gibraltar mine located in British Columbia. It also holds 100% interest in 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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Analyst Recommendations for Taseko Mines (TSE:TKO)

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