National Bank Financial Reiterates C$14.50 Price Target for Taseko Mines (TSE:TKO)

National Bank Financial set a C$14.50 price objective on Taseko Mines (TSE:TKO) in a report published on Tuesday morning,BayStreet reports. The firm currently has an outperform rating on the stock.

Separately, Jefferies Financial Group set a C$15.00 price target on Taseko Mines and gave the company a “buy” rating in a research note on Thursday, August 20th. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$14.00.

Taseko Mines Stock Performance

Shares of TKO opened at C$11.47 on Tuesday. The company has a 50 day moving average price of C$12.13 and a 200-day moving average price of C$10.70. Taseko Mines has a fifty-two week low of C$5.17 and a fifty-two week high of C$13.60. The stock has a market capitalization of C$4.20 billion, a PE ratio of 382.33 and a beta of 1.79.

Taseko Mines (TSE:TKO) last posted its earnings results on Thursday, August 6th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$330.55 million for the quarter. Taseko Mines had a return on equity of 2.09% and a net margin of 1.60%. Equities research analysts forecast that Taseko Mines will post 0.28 EPS for the current year.

Taseko Mines Company Profile

Taseko Mines Ltd is a Canadian mining company. It 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. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.