Taseko Mines (TSE:TKO) Upgraded by National Bank Financial to “Strong-Buy” Rating

National Bank Financial upgraded shares of Taseko Mines (TSE:TKO) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for Taseko Mines’ FY2025 earnings at $0.18 EPS.

Separately, National Bankshares upgraded shares of Taseko Mines from a “sector perform” rating to an “outperform” rating and cut their target price for the company from C$4.50 to C$4.25 in a research report on Tuesday.

Taseko Mines Stock Performance

Shares of TSE TKO opened at C$3.06 on Monday. The business’s 50-day simple moving average is C$3.12. Taseko Mines has a 12 month low of C$1.56 and a 12 month high of C$4.20. The firm has a market capitalization of C$897.65 million, a P/E ratio of 18.00 and a beta of 1.92.

Insider Activity at Taseko Mines

In other news, Director Russell Edward Hallbauer purchased 100,000 shares of the stock in a transaction on Thursday, November 14th. The stock was purchased at an average price of C$2.83 per share, for a total transaction of C$283,000.00. 2.58% of the stock is owned by company insiders.

About Taseko Mines

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company’s principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.