Taseko Mines (TSE:TKO) PT Set at C$14.50 by National Bank Financial

Taseko Mines (TSE:TKO – Get Free Report) has been assigned a C$14.50 price objective by investment analysts at National Bank Financial in a note issued to investors on Tuesday, BayStreet reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 18.85% from the company’s current price.

Separately, Jefferies Financial Group set a C$15.00 price objective on Taseko Mines and gave the company a “buy” rating in a report on Thursday, August 20th. Four investment analysts have rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$14.00.

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Taseko Mines Trading Down 3.3%

Shares of TSE:TKO traded down C$0.42 during trading on Tuesday, hitting C$12.20. 630,890 shares of the company’s stock were exchanged, compared to its average volume of 1,304,021. Taseko Mines has a 1-year low of C$5.17 and a 1-year high of C$13.60. The firm has a 50-day moving average price of C$12.10 and a two-hundred day moving average price of C$10.63. The firm has a market cap of C$4.47 billion, a P/E ratio of 406.67 and a beta of 1.79.

Taseko Mines (TSE:TKO – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported C$0.11 EPS for the quarter. Taseko Mines had a net margin of 1.60% and a return on equity of 2.09%. The firm had revenue of C$330.55 million during the quarter. As a group, research analysts predict that Taseko Mines will post 0.28 EPS for the current year.

About Taseko Mines

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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.

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