National Bank Financial Analysts Boost Earnings Estimates for Taseko Mines Ltd. (TSE:TKO)

by · The Cerbat Gem

Taseko Mines Ltd. (TSE:TKO – Free Report) – National Bank Financial lifted their FY2025 earnings estimates for Taseko Mines in a report issued on Monday, October 14th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.33 for the year, up from their prior forecast of $0.28. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share.

Taseko Mines (TSE:TKO – Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported C$0.10 earnings per share for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.14. Taseko Mines had a net margin of 8.05% and a return on equity of 11.36%. The company had revenue of C$137.73 million for the quarter, compared to analyst estimates of C$121.00 million.

Separately, National Bankshares lifted their price objective on shares of Taseko Mines from C$4.25 to C$4.50 in a research report on Friday, October 4th.

Read Our Latest Stock Analysis on Taseko Mines

Taseko Mines Price Performance

TKO opened at C$3.31 on Wednesday. The firm’s 50-day moving average price is C$3.08. Taseko Mines has a fifty-two week low of C$1.45 and a fifty-two week high of C$4.20. The company has a market capitalization of C$970.99 million, a price-to-earnings ratio of 19.47 and a beta of 1.92.

Insiders Place Their Bets

In related news, Director Russell Edward Hallbauer acquired 25,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were acquired at an average price of C$2.73 per share, with a total value of C$68,250.00. Insiders own 2.58% of the company’s stock.

About Taseko Mines

(Get Free Report)

TKO Group Holdings, Inc operates as a sports and entertainment company. It operates through four segments: Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. The company produces live events, television programs, and long-form and short-form video content across various platforms, including broadcast, pay television, and streaming, as well as digital and social media across approximately 170 countries.

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