National Bank Financial Comments on Taseko Mines Ltd’s Q4 2017 Earnings (TGB)

Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO) – Investment analysts at National Bank Financial issued their Q4 2017 earnings per share (EPS) estimates for Taseko Mines in a report issued on Wednesday, according to Zacks Investment Research. National Bank Financial analyst D. Demarco anticipates that the mining company will earn $0.02 per share for the quarter.

Several other research analysts also recently weighed in on the company. Cantor Fitzgerald assumed coverage on Taseko Mines in a research note on Friday, January 26th. They set a “buy” rating for the company. BidaskClub downgraded Taseko Mines from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 28th. Finally, Zacks Investment Research downgraded Taseko Mines from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $2.50.

Taseko Mines (NYSEAMERICAN:TGB) opened at $1.82 on Friday. Taseko Mines has a twelve month low of $1.00 and a twelve month high of $2.46. The stock has a market capitalization of $346.40, a P/E ratio of 11.38 and a beta of 2.40.

A number of large investors have recently modified their holdings of the business. Picton Mahoney Asset Management purchased a new position in shares of Taseko Mines during the 4th quarter worth $132,000. Bank of Montreal Can grew its holdings in shares of Taseko Mines by 93.9% during the 4th quarter. Bank of Montreal Can now owns 67,543 shares of the mining company’s stock worth $158,000 after purchasing an additional 32,713 shares during the period. CIBC World Markets Inc. grew its holdings in shares of Taseko Mines by 355.9% during the 4th quarter. CIBC World Markets Inc. now owns 68,185 shares of the mining company’s stock worth $159,000 after purchasing an additional 53,230 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of Taseko Mines during the 4th quarter worth $173,000. Finally, Stifel Financial Corp purchased a new position in shares of Taseko Mines during the 3rd quarter worth $168,000.

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Taseko Mines Company Profile

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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