National Bankshares Boosts Taseko Mines (TSE:TKO) Price Target to C$13.50

Taseko Mines (TSE:TKO) had its target price increased by investment analysts at National Bankshares from C$8.50 to C$13.50 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. National Bankshares’ price target indicates a potential upside of 30.43% from the stock’s previous close.

Separately, TD Securities lifted their target price on Taseko Mines from C$6.50 to C$12.00 in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Taseko Mines currently has a consensus rating of “Buy” and an average price target of C$10.25.

Taseko Mines Stock Down 10.9%

TKO stock opened at C$10.35 on Thursday. Taseko Mines has a twelve month low of C$2.38 and a twelve month high of C$12.15. The stock has a market capitalization of C$3.73 billion, a price-to-earnings ratio of -54.47 and a beta of 2.02. The firm’s fifty day simple moving average is C$8.30 and its two-hundred day simple moving average is C$6.29.

Taseko Mines (TSE:TKO) last released its quarterly earnings results on Thursday, November 13th. The company reported C$0.02 EPS for the quarter. The firm had revenue of C$173.91 million during the quarter. Taseko Mines had a net margin of 12.69% and a return on equity of 16.33%. As a group, equities research analysts expect that Taseko Mines will post 0.2801932 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.