Taseko Mines, Ltd. – Consensus Indicates Potential 88.6% Upside

Broker Ratings
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Taseko Mines, Ltd. found using ticker (TGB) have now 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 2.94 and 1.98 and has a mean target at 2.49. Given that the stocks previous close was at 1.32 this now indicates there is a potential upside of 88.6%. There is a 50 day moving average of 2.05 and the 200 day MA is 1.99. The company has a market capitalisation of $409m. Company Website: https://www.tasekomines.com

The potential market cap would be $772m 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.

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