Stifel Canada Predicts Stronger Earnings for Taseko Mines

Taseko Mines Ltd. (TSE:TKO) – Equities researchers at Stifel Canada upped their FY2026 earnings per share estimates for shares of Taseko Mines in a research note issued on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now expects that the company will earn $0.30 per share for the year, up from their prior forecast of $0.26. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share. Stifel Canada also issued estimates for Taseko Mines’ FY2027 earnings at $0.57 EPS.

Taseko Mines (TSE:TKO) last released its earnings results on Wednesday, November 6th. The company reported C$0.03 earnings per share (EPS) for the quarter. Taseko Mines had a return on equity of 11.36% and a net margin of 8.05%. During the same quarter last year, the company posted $0.07 EPS.

A number of other analysts have also weighed in on the stock. National Bank Financial upgraded shares of Taseko Mines from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th. National Bankshares raised Taseko Mines from a “sector perform” rating to an “outperform” rating and cut their price objective for the company from C$4.50 to C$4.25 in a report on Tuesday, December 10th.

Taseko Mines Stock Performance

Taseko Mines stock opened at C$2.69 on Monday. Taseko Mines has a 52 week low of C$1.81 and a 52 week high of C$4.20. The stock has a market capitalization of C$789.11 million, a P/E ratio of 15.82 and a beta of 1.92. The stock has a fifty day moving average of C$2.88 and a 200-day moving average of C$3.01.

Insiders Place Their Bets

In related news, Director Anu Dhir bought 44,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average price of C$0.72 per share, with a total value of C$31,680.00. Also, Director Russell Edward Hallbauer bought 100,000 shares of Taseko Mines stock in a transaction dated Thursday, November 14th. The stock was purchased at an average price of C$2.83 per share, with a total value of C$283,000.00. Company insiders own 2.58% of the company’s stock.

Taseko Mines Company Profile

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.