Taseko Mines, Ltd. – Consensus ‘Buy’ rating and 34.0% Upside Potential

Broker Ratings
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Taseko Mines, Ltd. which can be found using ticker (TGB) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 2.18 and 2 suggesting an average Analsyt target price of $2.05. Given that the stocks previous close was at $1.53 this indicates there is a potential upside of 34.0%. There is a 50 day moving average of $1.65 and the 200 day MA is $1.32. The company has a market cap of $453m. Find out more information at: https://www.tasekomines.com

The potential market cap would be $607m 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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