Analysts Set Taseko Mines Ltd (TKO) PT at $0.83
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) has been given a consensus rating of “Hold” by the seven brokerages that are presently covering the stock. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$0.83.
A number of research analysts have commented on TKO shares. Raymond James Financial Inc. decreased their price objective on Taseko Mines from C$0.95 to C$0.80 in a report on Thursday, October 13th. TD Securities reaffirmed a “hold” rating and issued a C$0.85 price objective on shares of Taseko Mines in a report on Monday, October 31st. Scotiabank reaffirmed a “sector perform” rating and issued a C$0.80 price objective on shares of Taseko Mines in a report on Thursday, July 28th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$1.00 price objective on shares of Taseko Mines in a report on Friday, July 22nd.
Shares of Taseko Mines (TSE:TKO) opened at 0.74 on Monday. The stock has a 50 day moving average price of $0.62 and a 200-day moving average price of $0.66. Taseko Mines has a 52 week low of $0.35 and a 52 week high of $0.88. The firm’s market capitalization is $164.16 million.
About Taseko Mines
Taseko Mines Limited is a mining company. The Company is engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada and the State of Arizona, the United States. Its operating asset is the Gibraltar Mine, a copper mine located in central British Columbia.
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