Taseko Mines Q1 EPS Reduced by National Bank Financial

Taseko Mines Limited (NYSE:TGB) – National Bank Financial cut their Q1 2025 EPS estimates for shares of Taseko Mines in a research report issued on Thursday, February 20th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of ($0.01) for the quarter, down from their previous estimate of $0.03. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for Taseko Mines’ current full-year earnings is $0.20 per share. National Bank Financial also issued estimates for Taseko Mines’ Q2 2025 earnings at $0.02 EPS and FY2027 earnings at $0.49 EPS.

Separately, StockNews.com downgraded Taseko Mines from a “hold” rating to a “sell” rating in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $3.50.

Taseko Mines Trading Down 2.4 %

Shares of TGB opened at $2.07 on Monday. Taseko Mines has a 1-year low of $1.46 and a 1-year high of $3.15. The company has a 50-day moving average of $2.02 and a 200 day moving average of $2.15. The firm has a market capitalization of $630.67 million, a price-to-earnings ratio of -69.00 and a beta of 1.70. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.71 and a quick ratio of 1.05.

Hedge Funds Weigh In On Taseko Mines

Institutional investors and hedge funds have recently modified their holdings of the business. Abacus Wealth Partners LLC purchased a new position in shares of Taseko Mines in the 4th quarter valued at about $29,000. BIP Wealth LLC purchased a new stake in Taseko Mines during the 4th quarter worth approximately $30,000. Cadence Bank purchased a new stake in Taseko Mines during the 4th quarter worth approximately $32,000. Lido Advisors LLC purchased a new stake in Taseko Mines during the 4th quarter worth approximately $37,000. Finally, Quantinno Capital Management LP purchased a new stake in Taseko Mines during the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 17.94% of the company’s stock.

Taseko Mines Company Profile

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.