Taseko Mines Ltd to Post Q2 2017 Earnings of ($0.01) Per Share, National Bank Financial Forecasts (TSE:TKO)
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) – Equities research analysts at National Bank Financial issued their Q2 2017 earnings per share (EPS) estimates for Taseko Mines in a report released on Sunday. National Bank Financial analyst D. Demarco forecasts that the company will post earnings of ($0.01) per share for the quarter. National Bank Financial has a “Sector Perform” rating and a $2.10 price objective on the stock.
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Several other research firms have also issued reports on TKO. Scotiabank reissued an “underperform” rating and set a C$1.75 price target on shares of Taseko Mines in a research report on Monday, June 12th. TD Securities dropped their price target on Taseko Mines from C$2.00 to C$1.90 and set a “hold” rating on the stock in a research report on Friday, June 16th. Finally, Royal Bank Of Canada upped their price target on Taseko Mines from C$1.50 to C$1.75 and gave the company a “sector perform” rating in a research report on Friday, May 5th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of C$1.72.
Taseko Mines (TSE:TKO) opened at 1.74 on Tuesday. The stock’s 50 day moving average is $1.62 and its 200-day moving average is $1.69. The stock’s market capitalization is $393.50 million. Taseko Mines has a 12 month low of $0.55 and a 12 month high of $2.12.
In other news, insider Stuart David Mcdonald purchased 40,000 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The shares were acquired at an average cost of C$1.60 per share, with a total value of C$64,000.00.
Taseko Mines Company Profile
Taseko Mines Limited is a mining company. The Company is principally 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 projects represent a range of metals, including gold, copper and niobium.
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