Taseko Mines, Ltd. – Consensus Indicates Potential 97.1% Upside

Broker Ratings
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Taseko Mines, Ltd. found using ticker (TGB) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 2.34 and 1.79 with the average target price sitting at 2.03. Given that the stocks previous close was at 1.03 this would imply there is a potential upside of 97.1%. The day 50 moving average is 1.04 and the 200 day moving average is 0.74. The market capitalisation for the company is $247m. You can visit the company’s website by visiting: http://www.tasekomines.com

The potential market cap would be $486m 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 situated 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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