Taseko Mines FY2026 EPS Increased by National Bank Financial

Taseko Mines Limited (NYSE:TGBFree Report) – Equities research analysts at National Bank Financial increased their FY2026 earnings per share (EPS) estimates for shares of Taseko Mines in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.32 for the year, up from their previous estimate of $0.31. The consensus estimate for Taseko Mines’ current full-year earnings is $0.20 per share.

Other analysts have also recently issued research reports about the stock. TD Securities cut shares of Taseko Mines from a “strong-buy” rating to a “hold” rating and raised their target price for the stock from $3.50 to $5.00 in a research note on Wednesday, July 16th. BMO Capital Markets reiterated an “outperform” rating on shares of Taseko Mines in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Taseko Mines currently has a consensus rating of “Moderate Buy” and an average target price of $5.00.

Check Out Our Latest Report on TGB

Taseko Mines Stock Performance

NYSE:TGB opened at $4.05 on Thursday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -135.00 and a beta of 1.18. The firm’s fifty day moving average price is $3.35 and its 200 day moving average price is $2.78. Taseko Mines has a 1-year low of $1.67 and a 1-year high of $4.21.

Institutional Trading of Taseko Mines

Several hedge funds and other institutional investors have recently made changes to their positions in TGB. L1 Capital Pty Ltd grew its position in Taseko Mines by 64.0% during the second quarter. L1 Capital Pty Ltd now owns 20,681,607 shares of the company’s stock worth $65,148,000 after buying an additional 8,072,986 shares during the period. State of Wyoming acquired a new stake in shares of Taseko Mines during the 2nd quarter valued at approximately $81,000. CANADA LIFE ASSURANCE Co boosted its stake in shares of Taseko Mines by 39.9% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 660,680 shares of the company’s stock worth $2,028,000 after acquiring an additional 188,590 shares in the last quarter. Man Group plc acquired a new stake in shares of Taseko Mines in the 2nd quarter worth approximately $550,000. Finally, BNP Paribas Financial Markets increased its stake in Taseko Mines by 101.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 552,375 shares of the company’s stock valued at $1,740,000 after purchasing an additional 278,241 shares in the last quarter. Institutional investors and hedge funds own 17.94% of the company’s stock.

Taseko Mines Company Profile

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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.

Further Reading

Earnings History and Estimates for Taseko Mines (NYSE:TGB)

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