Taseko Mines Ltd (TSE:TKO) Given Average Rating of “Hold” by Analysts
Taseko Mines Ltd (TSE:TKO) has been given a consensus rating of “Hold” by the eight analysts that are presently covering the firm. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$0.86.
A number of equities analysts have weighed in on TKO shares. TD Securities boosted their target price on Taseko Mines from C$0.85 to C$0.90 and gave the stock a “hold” rating in a research report on Wednesday, July 27th. National Bank Financial boosted their price target on Taseko Mines from C$0.65 to C$0.80 in a research note on Monday, July 18th. Royal Bank Of Canada restated a “sector perform” rating and set a C$1.00 price target on shares of Taseko Mines in a research note on Friday, July 22nd. Finally, Scotiabank restated a “sector perform” rating and set a C$0.80 price target on shares of Taseko Mines in a research note on Thursday, July 28th.
Taseko Mines (TSE:TKO) traded down 3.33% during trading on Monday, reaching $0.58. 17,595 shares of the company traded hands. The company’s 50-day moving average price is $0.61 and its 200 day moving average price is $0.68. Taseko Mines has a 52 week low of $0.35 and a 52 week high of $0.88. The firm’s market capitalization is $128.66 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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