National Bank Financial Weighs in on Taseko Mines Ltd’s FY2017 Earnings (TKO)
Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) – Investment analysts at National Bank Financial upped their FY2017 earnings per share estimates for Taseko Mines in a note issued to investors on Thursday. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.09 for the year, up from their prior forecast of $0.08.
TKO has been the topic of a number of other reports. 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. Scotiabank reiterated a “sector perform” rating and issued a C$1.30 price target on shares of Taseko Mines in a research report on Wednesday, January 11th. BMO Capital Markets reiterated a “market perform” rating and issued a C$2.00 price target on shares of Taseko Mines in a research report on Thursday, February 2nd. Finally, TD Securities upped their price target on Taseko Mines from C$1.65 to C$2.00 and gave the company a “hold” rating in a research report on Thursday, February 23rd. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Taseko Mines presently has a consensus rating of “Hold” and a consensus price target of C$1.59.
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Taseko Mines (TSE:TKO) opened at 1.49 on Monday. Taseko Mines has a 12-month low of $0.55 and a 12-month high of $2.12. The firm has a 50-day moving average of $1.64 and a 200-day moving average of $1.38.
In other Taseko Mines news, insider John Mcmanus bought 16,500 shares of the firm’s stock in a transaction dated Thursday, March 16th. The shares were bought at an average price of C$1.82 per share, for a total transaction of C$30,030.00.
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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