Taseko Mines (TKO) to Release Quarterly Earnings on Wednesday

Taseko Mines (TSE:TKO) (NYSE:TGB) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 31st. Analysts expect the company to announce earnings of C$0.03 per share for the quarter.

Taseko Mines (TSE:TKO) (NYSE:TGB) last issued its quarterly earnings data on Tuesday, August 7th. The company reported C$0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.01. The firm had revenue of C$94.27 million during the quarter. Taseko Mines had a return on equity of 21.86% and a net margin of 25.65%.

Shares of TSE:TKO traded down C$0.01 during midday trading on Tuesday, reaching C$0.84. 56,450 shares of the company’s stock were exchanged, compared to its average volume of 284,364. Taseko Mines has a fifty-two week low of C$0.81 and a fifty-two week high of C$2.98.

Several research firms have weighed in on TKO. National Bank Financial dropped their target price on Taseko Mines from C$2.50 to C$2.10 and set an “outperform” rating for the company in a research report on Saturday, July 14th. TD Securities raised Taseko Mines from a “hold” rating to a “speculative buy” rating and dropped their target price for the company from C$1.85 to C$1.70 in a research report on Thursday, August 9th.

In other news, Director Ronald William Thiessen bought 50,000 shares of the company’s stock in a transaction on Friday, August 17th. The stock was bought at an average cost of C$0.95 per share, with a total value of C$47,500.00. Over the last ninety days, insiders acquired 106,000 shares of company stock valued at $102,000.

Taseko Mines Company Profile

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds a 75% interest in the Gibraltar copper-molybdenum mine located in south-central British Columbia.

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Earnings History for Taseko Mines (TSE:TKO)

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