FY2025 Earnings Forecast for Taseko Mines Ltd. Issued By Stifel Canada (TSE:TKO)

Taseko Mines Ltd. (TSE:TKO) – Stifel Canada decreased their FY2025 earnings estimates for shares of Taseko Mines in a research note issued to investors on Tuesday, October 15th. Stifel Canada analyst C. Mcgill now forecasts that the company will post earnings of $0.22 per share for the year, down from their prior forecast of $0.25. The consensus estimate for Taseko Mines’ current full-year earnings is $0.28 per share.

Taseko Mines (TSE:TKO) last announced its earnings results on Wednesday, July 31st. The company reported C$0.10 earnings per share for the quarter, beating the consensus estimate of C($0.04) by C$0.14. The business had revenue of C$137.73 million for the quarter, compared to the consensus estimate of C$121.00 million. Taseko Mines had a net margin of 8.05% and a return on equity of 11.36%.

Separately, National Bankshares upped their price objective on shares of Taseko Mines from C$4.25 to C$4.50 in a research note on Friday, October 4th.

Taseko Mines Stock Performance

Taseko Mines stock opened at C$3.32 on Thursday. The stock has a market cap of C$973.92 million, a PE ratio of 19.53 and a beta of 1.92. The firm has a 50-day moving average of C$3.09. Taseko Mines has a 1 year low of C$1.45 and a 1 year high of C$4.20.

Insiders Place Their Bets

In other Taseko Mines news, Director Russell Edward Hallbauer acquired 25,000 shares of the stock in a transaction dated Wednesday, August 7th. The stock was purchased at an average price of C$2.73 per share, with a total value of C$68,250.00. 2.58% of the stock is currently owned by corporate insiders.

About Taseko Mines

TKO Group Holdings, Inc operates as a sports and entertainment company. It operates through four segments: Media and Content, Live Events, Sponsorships, and Consumer Products Licensing. The company produces live events, television programs, and long-form and short-form video content across various platforms, including broadcast, pay television, and streaming, as well as digital and social media across approximately 170 countries.