Taseko Mines, Ltd. with ticker code (TGB) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 2.93 and 1.3 calculating the mean target price we have 1.94. With the stocks previous close at 1.29 this now indicates there is a potential upside of 50.4%. The 50 day moving average now sits at 1.1 and the 200 day MA is 1.65. The market cap for the company is $332m. You can visit the company’s website by visiting: https://www.tasekomines.com
The potential market cap would be $499m 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.
