Earnings Forecast Research on Taseko Mines Limited (TGB)

Taseko Mines Limited has received $-0.02 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 50%.

Taseko Mines Limited reported better than expected with a surprise EPS of 50% or $0.03 during its most recent quarterly earnings. The Actual EPS was $-0.03 compared to the Estimated EPS of $-0.06.

In the last quarter, Taseko Mines Limited reported Annual Earnings of $-0.03. Based on the filings, last years Annual Earnings was, $-0.06. In the last Quarter, TGB reported a surprise Earnings per Share of 50% . The consensus estimate for current quarter is $-0.02 and for the current fiscal year, the estimate is $-0.18. For the Next fiscal year, the estimate is $-0.05 based on the consensus.

Taseko Mines Limited (NYSEMKT:TGB) : On Tuesday heightened volatility was witnessed in Taseko Mines Limited (NYSEMKT:TGB) which led to swings in the share price. The stock opened for trading at $1.42 and hit $1.47 on the upside , eventually ending the session at $1.47, with a gain of 7.3% or 0.1 points. The heightened volatility saw the trading volume jump to 1,295,287 shares. The 52-week high of the share price is $1.5 and the company has a market cap of $326 million. The 52-week low of the share price is at $0.3149 .

Taseko Mines is focused on acquiring ownership of and advancing exploration and related activities on known mineral deposits that have as their basic characteristic, large tonnage (based on extensive drill testing for continuity) mineralization which, under metals price assumptions that fall within historical averages, are potentially capable of supporting a mine for 10 years and longer.

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