National Bank Financial Predicts Taseko Mines Q1 Earnings

Taseko Mines Limited (NYSE:TGB) – Stock analysts at National Bank Financial issued their Q1 2025 earnings estimates for Taseko Mines in a research report issued on Thursday, November 7th. National Bank Financial analyst S. Nagle forecasts that the company will post earnings per share of $0.03 for the quarter. The consensus estimate for Taseko Mines’ current full-year earnings is $0.15 per share.

Taseko Mines Price Performance

Shares of TGB opened at $2.25 on Monday. The company has a market capitalization of $675.44 million, a P/E ratio of 11.84 and a beta of 1.77. The company has a quick ratio of 1.34, a current ratio of 2.09 and a debt-to-equity ratio of 1.57. The firm has a 50 day moving average of $2.32 and a 200 day moving average of $2.38. Taseko Mines has a twelve month low of $1.14 and a twelve month high of $3.15.

Taseko Mines (NYSE:TGB) last released its earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). Taseko Mines had a net margin of 12.69% and a return on equity of 15.46%. The business had revenue of $114.08 million for the quarter, compared to analysts’ expectations of $112.48 million.

Institutional Investors Weigh In On Taseko Mines

A number of large investors have recently added to or reduced their stakes in TGB. Anthracite Investment Company Inc. grew its position in shares of Taseko Mines by 6.5% during the 3rd quarter. Anthracite Investment Company Inc. now owns 1,579,460 shares of the company’s stock valued at $3,980,000 after acquiring an additional 96,000 shares during the period. Aigen Investment Management LP bought a new stake in shares of Taseko Mines during the 3rd quarter valued at $199,000. Ballentine Partners LLC bought a new stake in shares of Taseko Mines during the 3rd quarter valued at $42,000. Dakota Wealth Management grew its position in shares of Taseko Mines by 1.5% during the 3rd quarter. Dakota Wealth Management now owns 457,939 shares of the company’s stock valued at $1,154,000 after acquiring an additional 6,973 shares during the period. Finally, Signaturefd LLC grew its position in shares of Taseko Mines by 21.9% during the 3rd quarter. Signaturefd LLC now owns 46,808 shares of the company’s stock valued at $118,000 after acquiring an additional 8,397 shares during the period. Institutional investors own 17.94% of the company’s stock.

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.