FY2025 EPS Estimates for Taseko Mines Decreased by Analyst

Taseko Mines Ltd. (TSE:TKO) – Analysts at Stifel Canada decreased their FY2025 earnings estimates for shares of Taseko Mines in a report issued on Tuesday, October 15th. Stifel Canada analyst C. Mcgill now expects that the company will earn $0.22 per share for the year, down from their previous estimate of $0.25. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share.

Taseko Mines (TSE:TKO) last released its quarterly earnings results on Wednesday, July 31st. The company reported C$0.10 EPS for the quarter, beating the consensus estimate of C($0.04) by C$0.14. Taseko Mines had a net margin of 8.05% and a return on equity of 11.36%. The firm had revenue of C$137.73 million during the quarter, compared to the consensus estimate of C$121.00 million.

Separately, National Bankshares raised their price objective on shares of Taseko Mines from C$4.25 to C$4.50 in a research report on Friday, October 4th.

Taseko Mines Price Performance

Shares of Taseko Mines stock opened at C$3.31 on Thursday. Taseko Mines has a 1 year low of C$1.45 and a 1 year high of C$4.20. The stock has a market cap of C$970.99 million, a P/E ratio of 19.47 and a beta of 1.92. The stock’s fifty day simple moving average is C$3.11.

Insiders Place Their Bets

In other news, Director Russell Edward Hallbauer bought 25,000 shares of Taseko Mines stock in a transaction dated Wednesday, August 7th. The stock was bought at an average price of C$2.73 per share, for a total transaction of C$68,250.00. 2.58% of the stock is currently owned by insiders.

Taseko Mines Company Profile

TKO Group Holdings, Inc operates as a sports and entertainment company. It operates through four segments: Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. The company produces live events, television programs, and long-form and short-form video content across various platforms, including broadcast, pay television, and streaming, as well as digital and social media across approximately 170 countries.