Taseko Mines (TSE:TKO – Get Rating) (NYSE:TGB) will announce its earnings results after the market closes on Monday, August 8th. Analysts expect the company to announce earnings of C($0.02) per share for the quarter.
Taseko Mines (TSE:TKO – Get Rating) (NYSE:TGB) last posted its quarterly earnings data on Wednesday, May 4th. The company reported C$0.02 EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.01). The business had revenue of C$118.33 million during the quarter.
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TKO opened at C$1.36 on Friday. The business has a 50 day moving average price of C$1.54 and a two-hundred day moving average price of C$2.16. The company has a quick ratio of 2.33, a current ratio of 3.06 and a debt-to-equity ratio of 143.79. The company has a market cap of C$389.35 million and a PE ratio of 7.56. Taseko Mines has a 52 week low of C$1.15 and a 52 week high of C$3.00.
Analyst Ratings Changes
Several analysts have commented on TKO shares. TD Securities reduced their price objective on Taseko Mines from C$3.75 to C$3.25 and set a "buy" rating for the company in a research note on Friday, May 6th. National Bankshares cut their target price on Taseko Mines from C$1.85 to C$1.70 and set a "sector perform" rating for the company in a research note on Tuesday, July 19th. Scotiabank cut their target price on Taseko Mines from C$3.00 to C$2.00 in a research note on Thursday, July 7th. BMO Capital Markets cut their target price on Taseko Mines from C$3.50 to C$3.25 in a research note on Friday, May 6th. Finally, Stifel Nicolaus cut their target price on Taseko Mines from C$3.40 to C$2.50 in a research note on Tuesday, July 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of C$2.73.About Taseko Mines
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Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gibraltar mine located in British Columbia. It also holds 100% interest in Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.
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