Taseko Mines (TSE:TKO) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Taseko Mines (TSE:TKO) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for Taseko Mines’ FY2025 earnings at $0.18 EPS.

Separately, National Bankshares raised Taseko Mines from a “sector perform” rating to an “outperform” rating and lowered their target price for the company from C$4.50 to C$4.25 in a research report on Tuesday.

Taseko Mines Stock Performance

TSE:TKO opened at C$3.06 on Monday. The stock’s 50-day moving average price is C$3.12. Taseko Mines has a 52-week low of C$1.56 and a 52-week high of C$4.20. The company has a market capitalization of C$897.65 million, a P/E ratio of 18.00 and a beta of 1.92.

Insiders Place Their Bets

In other news, Director Russell Edward Hallbauer acquired 100,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of C$2.83 per share, with a total value of C$283,000.00. Company insiders own 2.58% 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.