Taseko Mines, Ltd. – Consensus ‘Buy’ rating and 21.6% Upside Potential

Broker Ratings
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Taseko Mines, Ltd. with ticker code (TGB) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 2.23 and 2.04 and has a mean target at $2.08. Given that the stocks previous close was at $1.71 this now indicates there is a potential upside of 21.6%. The 50 day moving average now sits at $1.63 while the 200 day moving average is $1.36. The market cap for the company is $479m. You can visit the company’s website by visiting: https://www.tasekomines.com

The potential market cap would be $582m based on the market consensus.

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. Taseko Mines Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.

The company is not paying dividends at this time.

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