Taseko Mines (TSE:TKO) Stock Rating Upgraded by National Bank Financial

Taseko Mines (TSE:TKO) was upgraded by investment analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports. National Bank Financial also issued estimates for Taseko Mines’ FY2025 earnings at $0.18 EPS.

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

Taseko Mines Stock Performance

Shares of Taseko Mines stock opened at C$2.99 on Monday. The firm has a market capitalization of C$877.12 million, a price-to-earnings ratio of 17.59 and a beta of 1.92. The company has a fifty day moving average price of C$3.13. Taseko Mines has a fifty-two week low of C$1.56 and a fifty-two week high of C$4.20.

Insider Buying and Selling

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