Shares of Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) reached a new 52-week low during trading on Wednesday after National Bank Financial lowered their price target on the stock from C$2.10 to C$1.85. National Bank Financial currently has an outperform rating on the stock. Taseko Mines traded as low as C$0.75 and last traded at C$0.84, with a volume of 41000 shares trading hands. The stock had previously closed at C$0.85.

Separately, TD Securities raised shares of Taseko Mines from a “hold” rating to a “speculative buy” rating and cut their target price for the company from C$1.85 to C$1.70 in a research note on Thursday, August 9th.

The company has a debt-to-equity ratio of 95.93, a quick ratio of 0.79 and a current ratio of 1.74.

Taseko Mines (TSE:TKO) (NYSE:TGB) last issued its quarterly earnings results on Wednesday, October 31st. The company reported C$0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.02). The company had revenue of C$74.30 million for the quarter. On average, research analysts expect that Taseko Mines Ltd will post 0.139999990117648 earnings per share for the current fiscal year.

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About Taseko Mines (TSE:TKO)

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper-molybdenum mine located in south-central British Columbia.

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