National Bank Financial on Friday maintained its sector perform rating on the shares of Taseko Mines (TKO.TO, TGB) while raising its price target to $4.50 from C$4.25 following a site visit to the company's Florence Copper Project.
"Overall, development remains on schedule and capital costs tracking to our Base Case assumptions. Florence represents a transformational project for the company, and we came away with more conviction on the development timeline and risk mitigation undertaken by the company," analyst Shane Nagle wrote.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 3.58, Change: +0.13, Percent Change: +3.77
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