Taseko Mines (NYSEAMERICAN:TGB) Downgraded by National Bank Financial to Sector Perform
National Bank Financial lowered shares of Taseko Mines (NYSEAMERICAN:TGB) (TSE:TKO) from an outperform rating to a sector perform rating in a research report report published on Monday morning, Briefing.com Automated Import reports. They currently have $0.90 price target on the mining company’s stock.
TGB has been the subject of several other reports. Zacks Investment Research upgraded Taseko Mines from a sell rating to a hold rating in a report on Friday. Scotiabank lowered Taseko Mines from a sector perform rating to an underperform rating in a report on Tuesday, October 15th. Finally, TD Securities lowered Taseko Mines from a speculative buy rating to a hold rating in a report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of Hold and an average price target of $0.90.
Shares of NYSEAMERICAN TGB remained flat at $$0.42 during trading hours on Monday. The company had a trading volume of 247,333 shares, compared to its average volume of 388,240. Taseko Mines has a 1-year low of $0.38 and a 1-year high of $0.79.
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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