Taseko Mines Ltd (TSE:TKO) (NYSE:TGB) – Research analysts at National Bank Financial boosted their FY2019 earnings estimates for Taseko Mines in a note issued to investors on Thursday. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $0.27 per share for the year, up from their prior estimate of $0.25. National Bank Financial has a “Sector Perform” rating and a $3.00 price objective on the stock. National Bank Financial also issued estimates for Taseko Mines’ FY2020 earnings at $0.18 EPS.
Several other equities analysts also recently issued reports on the stock. Paradigm Capital dropped their price target on shares of Taseko Mines from C$2.60 to C$2.30 in a research note on Friday. BMO Capital Markets dropped their price target on shares of Taseko Mines from C$3.25 to C$2.80 in a research note on Friday. TD Securities dropped their price target on shares of Taseko Mines from C$3.00 to C$2.50 and set a “hold” rating for the company in a research note on Friday. Finally, Scotiabank dropped their price target on shares of Taseko Mines from C$2.25 to C$1.60 and set an “underperform” rating for the company in a research note on Friday.
In other news, insider John Mcmanus sold 40,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of C$2.75, for a total transaction of C$110,000.00.
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About Taseko Mines
Taseko Mines Limited is a mining company. The Company 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. Its projects represent a range of metals, including gold, copper and niobium.
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