Taseko Mines (TGB) Set to Announce Earnings on Wednesday

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Taseko Mines (NYSEAMERICAN:TGB) (TSE:TKO) is scheduled to announce its Q3 earnings results after the market closes on Wednesday, October 31st. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

Taseko Mines (NYSEAMERICAN:TGB) (TSE:TKO) last issued its quarterly earnings results on Tuesday, August 7th. The mining company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. Taseko Mines had a negative return on equity of 8.19% and a negative net margin of 7.97%. The firm had revenue of $73.06 million for the quarter.

TGB traded down $0.01 on Tuesday, hitting $0.63. 10,500 shares of the stock traded hands, compared to its average volume of 734,881. Taseko Mines has a 52 week low of $0.62 and a 52 week high of $2.38.

TGB has been the topic of a number of recent research reports. TD Securities raised Taseko Mines from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. Zacks Investment Research raised Taseko Mines from a “sell” rating to a “buy” rating and set a $0.75 price objective on the stock in a report on Wednesday, September 12th. Finally, TheStreet downgraded Taseko Mines from a “c-” rating to a “d” rating in a report on Friday, August 31st. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. Taseko Mines has a consensus rating of “Hold” and a consensus target price of $0.75.

About Taseko Mines

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 (NYSEAMERICAN:TGB)

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