Zacks: Taseko Mines Limited (NASDAQ:TGB) Receives Consensus Rating of “Buy” from Analysts

Taseko Mines Limited (NASDAQ:TGB) has received a consensus broker rating score of 2.00 (Buy) from the four brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company. Taseko Mines’ rating score has declined by 19.8% from three months ago as a result of various analysts’ ratings changes.

Brokers have set a 12 month consensus price target of $1.31 for the company, according to Zacks. Zacks has also given Taseko Mines an industry rank of 154 out of 256 based on the ratings given to related companies.

Shares of Taseko Mines stock traded up $0.01 during trading hours on Monday, reaching $0.43. 461,400 shares of the company’s stock were exchanged, compared to its average volume of 443,349. The business’s 50 day moving average is $0.48. Taseko Mines has a fifty-two week low of $0.39 and a fifty-two week high of $0.85.

Taseko Mines Company Profile

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper-molybdenum mine located in south-central British Columbia.

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