Taseko Mines, Ltd. – Consensus Indicates Potential 20.5% Upside

Broker Ratings
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Taseko Mines, Ltd. found using ticker (TGB) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 3.02 and 2.55 calculating the mean target price we have 2.76. Given that the stocks previous close was at 2.29 this would imply there is a potential upside of 20.5%. The 50 day MA is 2.03 and the 200 day MA is 1.98. The company has a market capitalisation of $670m. Company Website: https://www.tasekomines.com

The potential market cap would be $808m based on the market concensus.

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 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.

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