Taseko Mines, Ltd. with ticker code (TGB) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 2.17 and 1.99 calculating the mean target price we have $2.04. Given that the stocks previous close was at $1.53 this would imply there is now a potential upside of 33.3%. Also worth taking note is the 50 day moving average now sits at $1.66 and the 200 day MA is $1.32. The total market capitalization for the company now stands at $437m. You can visit the company’s website by visiting: https://www.tasekomines.com
The potential market cap would be $583m 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.
