Taseko Mines, Ltd. – Consensus Indicates Potential 97.1% Upside

Broker Ratings

Taseko Mines, Ltd. with ticker code (TGB) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 2.34 and 1.79 and has a mean target at 2.03. Given that the stocks previous close was at 1.03 this indicates there is a potential upside of 97.1%. The 50 day moving average now sits at 1.04 and the 200 day MA is 0.74. The market capitalisation for the company is $247m. Company Website: http://www.tasekomines.com

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gibraltar mine located in British Columbia. The company also holds 100% interest in Yellowhead copper project, the Aley niobium project, the Harmony Gold Project, and the New Prosperity gold and copper project situated in British Columbia; and the Florence copper project located in Arizona. Taseko Mines Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.

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