Taseko Mines (NYSEAMERICAN:TGB) (TSE:TKO) posted its quarterly earnings results on Tuesday. The mining company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01), Morningstar.com reports. The business had revenue of $84.09 million for the quarter.
Shares of TGB opened at $0.58 on Wednesday. Taseko Mines has a fifty-two week low of $0.44 and a fifty-two week high of $1.89.
A number of equities analysts have issued reports on TGB shares. Zacks Investment Research upgraded Taseko Mines from a “sell” rating to a “hold” rating in a report on Wednesday, November 28th. National Bank Financial restated a “buy” rating on shares of Taseko Mines in a report on Wednesday, December 5th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $0.75.
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About Taseko Mines
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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