Taseko Mines, Ltd. with ticker code (TGB) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 3.03 and 2.03 with the average target price sitting at 2.55. Given that the stocks previous close was at 1.73 this would imply there is a potential upside of 47.4%. The 50 day MA is 1.91 and the 200 moving average now moves to 1.98. The market capitalisation for the company is $474m. Company Website: https://www.tasekomines.com
The potential market cap would be $698m 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. 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. The company was incorporated in 1966 and is headquartered in Vancouver, Canada.
