Analysts Set Expectations for Taseko Mines FY2026 Earnings

Taseko Mines Limited (NYSE:TGB) – Stifel Canada increased their FY2026 earnings per share estimates for Taseko Mines in a research note issued on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now expects that the company will post earnings of $0.21 per share for the year, up from their prior estimate of $0.18. The consensus estimate for Taseko Mines’ current full-year earnings is $0.14 per share.

A number of other brokerages have also issued reports on TGB. National Bank Financial raised shares of Taseko Mines from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 10th. StockNews.com raised Taseko Mines from a “sell” rating to a “hold” rating in a research report on Wednesday, December 11th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $3.50.

Taseko Mines Stock Performance

Shares of TGB opened at $1.89 on Monday. The company has a market capitalization of $575.84 million, a PE ratio of 9.95 and a beta of 1.72. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.05 and a current ratio of 1.71. The company’s 50 day moving average price is $2.02 and its 200 day moving average price is $2.17. Taseko Mines has a 52 week low of $1.33 and a 52 week high of $3.15.

Taseko Mines (NYSE:TGB) last released its earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The business had revenue of $114.08 million for the quarter, compared to analysts’ expectations of $112.48 million. Taseko Mines had a net margin of 12.69% and a return on equity of 15.25%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Tidal Investments LLC increased its position in Taseko Mines by 82.3% during the third quarter. Tidal Investments LLC now owns 13,693,081 shares of the company’s stock worth $34,507,000 after buying an additional 6,182,981 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Taseko Mines by 296.8% during the 3rd quarter. Bank of Montreal Can now owns 3,160,574 shares of the company’s stock valued at $8,225,000 after acquiring an additional 2,364,116 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Taseko Mines by 752.2% in the 2nd quarter. American Century Companies Inc. now owns 703,954 shares of the company’s stock valued at $1,734,000 after acquiring an additional 621,352 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Taseko Mines by 87.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 491,388 shares of the company’s stock worth $1,204,000 after purchasing an additional 229,849 shares during the last quarter. Finally, Millennium Management LLC boosted its position in Taseko Mines by 11.3% during the second quarter. Millennium Management LLC now owns 1,349,795 shares of the company’s stock worth $3,315,000 after purchasing an additional 136,932 shares during the period. Institutional investors own 17.94% 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.