Taseko Mines Ltd (TSE:TKO) had its price target cut by investment analysts at Raymond James Financial Inc. from C$0.95 to C$0.80 in a research report issued on Thursday. Raymond James Financial Inc.’s price objective suggests a potential upside of 37.93% from the stock’s previous close.
TKO has been the topic of a number of other research reports. National Bank Financial raised their price target on shares of Taseko Mines from C$0.65 to C$0.80 in a report on Monday, July 18th. TD Securities raised their price target on shares of Taseko Mines from C$0.85 to C$0.90 and gave the stock a “hold” rating in a report on Wednesday, July 27th. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$1.00 price target on shares of Taseko Mines in a report on Friday, July 22nd. Finally, Scotiabank reissued a “sector perform” rating and issued a C$0.80 price target on shares of Taseko Mines in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of C$0.82.
Taseko Mines (TSE:TKO) remained flat at $0.58 during midday trading on Thursday. The stock had a trading volume of 26,980 shares. The stock’s market cap is $128.66 million. The company has a 50 day moving average price of $0.60 and a 200-day moving average price of $0.67. Taseko Mines has a one year low of $0.35 and a one year high of $0.88.
About Taseko Mines
Taseko Mines Limited is a mining company. The Company is 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. Its operating asset is the Gibraltar Mine, a copper mine located in central British Columbia.
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