Taseko Mines Ltd 33.5% potential upside indicated by Canaccord Genuity

Taseko Mines Ltd with ticker (LON:TKO) now has a potential upside of 33.5% according to Canaccord Genuity.



Canaccord Genuity set a target price of 235 GBX for the company, which when compared to the Taseko Mines Ltd share price of 176 GBX at opening today (05/04/2024) indicates a potential upside of 33.5%. Trading has ranged between 81 (52 week low) and 177 (52 week high) with an average of 5,401 shares exchanging hands daily. The market capitalisation at the time of writing is £664,003,086.

Taseko Mines Limited is a Canada-based mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including mine permitting and development within the province of British Columbia, Canada and the State of Arizona, the United States. The Company’s principal property is the Gibraltar Mine, which is a copper-molybdenum mine that is located in south-central British Columbia. It also owns the Florence Copper, Yellowhead copper, New Prosperity and Aley properties. The Florence Copper property is located midway between Phoenix and Tucson near the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola area of British Columbia, approximately 150 kilometers northeast of Kamloops near Vavenby. The New Prosperity Project is a gold-copper porphyry, which is located in British Columbia. The Aley Niobium Project is located in northern British Columbia, approximately 140 kilometers north of Mackenzie.