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Taseko Mines ( (TSE:TKO) ) just unveiled an announcement.
On October 17, 2025, Taseko Mines Limited entered into an underwriting agreement to sell 37,100,000 common shares at a price of US$4.05 per share, raising gross proceeds of US$150,255,000. This strategic move aims to strengthen the company’s financial position and support its ongoing operations, potentially impacting its market presence and shareholder value.
The most recent analyst rating on (TSE:TKO) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on Taseko Mines stock, see the TSE:TKO Stock Forecast page.
Spark’s Take on TSE:TKO Stock
According to Spark, TipRanks’ AI Analyst, TSE:TKO is a Neutral.
Taseko Mines’ overall stock score is driven by strong technical momentum, despite financial challenges. The company’s operational progress and project advancements provide some optimism, but high leverage and negative profitability weigh heavily on the valuation. The technical indicators suggest potential for short-term gains, but caution is advised due to overbought conditions.
To see Spark’s full report on TSE:TKO stock, click here.
More about Taseko Mines
Taseko Mines Limited is a mining company based in Vancouver, British Columbia, Canada. The company is primarily involved in the extraction and production of minerals, with a focus on copper mining.
YTD Price Performance: 87.89%
Average Trading Volume: 649,967
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.72B
For detailed information about TKO stock, go to TipRanks’ Stock Analysis page.