TD Securities Boosts Taseko Mines (TSE:TKO) Price Target to C$12.00

Taseko Mines (TSE:TKO) had its price target increased by research analysts at TD Securities from C$6.50 to C$12.00 in a report released on Thursday,BayStreet.CA reports. TD Securities’ price objective indicates a potential upside of 14.83% from the company’s previous close.

Separately, National Bankshares boosted their price objective on shares of Taseko Mines from C$7.25 to C$8.50 and gave the company an “outperform” rating in a report on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Taseko Mines has a consensus rating of “Buy” and an average target price of C$8.58.

Taseko Mines Price Performance

Shares of TSE TKO opened at C$10.45 on Thursday. The firm has a market cap of C$3.77 billion, a price-to-earnings ratio of -55.00 and a beta of 2.02. The stock’s fifty day moving average price is C$7.82 and its two-hundred day moving average price is C$6.07. Taseko Mines has a one year low of C$2.38 and a one year high of C$10.58.

Taseko Mines (TSE:TKO) last posted its earnings results on Thursday, November 13th. The company reported C$0.02 earnings per share for the quarter. Taseko Mines had a return on equity of 16.33% and a net margin of 12.69%.The company had revenue of C$173.91 million during the quarter. On average, equities analysts anticipate that Taseko Mines will post 0.2801932 earnings per share for the current fiscal 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.