Taseko Mines, Ltd. – Consensus Indicates Potential 34.2% Upside

Broker Ratings

Taseko Mines, Ltd. which can be found using ticker (TGB) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 2.18 and 2 calculating the mean target price we have $2.04. Given that the stocks previous close was at $1.52 this now indicates there is a potential upside of 34.2%. The 50 day moving average now sits at $1.68 and the 200 moving average now moves to $1.33. The total market capitalization for the company now stands at $456m. Company Website: https://www.tasekomines.com

The potential market cap would be $613m based on the market consensus.

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Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company holds 75% interest in the Gibraltar mine located in British Columbia. It also holds 100% interest in 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. The company was incorporated in 1966 and is headquartered in Vancouver, Canada.

The company is not paying dividends at this time.

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