Should I Buy TGB? TGB 2026 Analysis

Should You Buy Taseko Mines Ltd (TGB) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

7.620

1 Day change

-11.40%

52 Week Range

9.000

Analysis Updated At

2026/01/30

Not a good buy right now. Despite a still-bullish longer-term moving-average stack and very bullish options positioning (low put/call ratios), today’s -11.40% regular-session selloff followed by a weak pre-market (-6.05%) signals near-term distribution and a loss of momentum. With no Intellectia AI Stock Picker or SwingMax buy signal to override other factors, and with the latest notable analyst action being a downgrade to Hold on “fully/fairly valued” commentary after a large YTD run, the risk/reward is not attractive for an impatient buyer at the current 7.62–7.63 area. The higher-probability entry would be after price stabilizes above the pivot (7.828) or on a controlled test/hold of support near ~7.00.

Technical Analysis

Price action: sharp bearish impulse today (regular market -11.40%), with only a minor post-market bounce (+0.13%), suggesting the dip has not clearly stabilized yet. Trend: Moving averages remain technically bullish (SMA_5 > SMA_20 > SMA_200), which supports the idea this is a pullback within a broader uptrend rather than a confirmed long-term downtrend. Momentum: MACD histogram is positive (0.0772) but “positively contracting,” implying upside momentum is fading. RSI(6) ~50.0 is neutral—no oversold condition to support an aggressive buy-the-dip entry. Levels: Pivot 7.828 is overhead (current ~7.62), so price is currently trading below a key near-term reference. Support levels: S1 ~6.995 then S2 ~6.48. Resistance levels: R1 ~8.66 then R2 ~9.175. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning/Sentiment: Extremely low open-interest put/call (0.15) and low volume put/call (0.32) indicate a strongly call-skewed market—bullish sentiment or hedges being expressed more via calls than puts. Activity/Intensity: Today’s options volume (678) is ~28.73x the 30-day average, and today’s open interest is also elevated vs average (106.44), signaling unusually high attention/positioning after the selloff. Volatility: IV ~72.5 with HV ~71.8; IV percentile ~69.2 suggests options are pricing elevated volatility. This typically supports large moves but also means buyers are paying up for optionality. Takeaway: Options flow is bullish-leaning, but the stock’s spot tape today is still bearish; options sentiment alone is not enough to call a clean bottom here.

Technical Summary

Sell

Buy

Positive Catalysts

Florence project remains on schedule for first copper cathode (per latest analyst note), which can be a meaningful operational catalyst.
Next earnings: QDEC 2025 earnings on 2026-02-19 after hours (Street est. EPS 0.08), which could reset the narrative if results confirm improving profitability.
Options positioning is heavily call-skewed with unusually high activity, suggesting traders are leaning toward upside continuation after the pullback.

Neutral/Negative Catalysts

Today’s sharp drawdown (-11.40% regular session) plus weak pre-market (-6.05%) indicates near-term risk of follow-through selling.
MACD is still positive but contracting and RSI is neutral—no strong “oversold” signal to justify an impatient entry.
Analyst view turned more cautious: downgrade to Hold with “fully and fairly valued” framing after a very large YTD move.
Gibraltar production tracking behind guidance (per latest analyst note), which can pressure confidence in near-term execution.

Financial Performance

Latest quarter: 2025/Q3. Revenue: 173.906M, up 11.75% YoY (solid top-line growth). Profitability: Net income remains negative (-27.838M), though the YoY change shows improvement off a much weaker prior period (the very large % change reflects a low/negative base). EPS: -0.09 (still loss-making in the quarter). Margins: Gross margin improved to 22.57 (+31.60% YoY), a constructive trend. Overall: Fundamentals show improving revenue and margin trends, but profitability is not yet consistently positive—making timing/entry more sensitive to copper pricing and execution milestones.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent analyst trend: Cantor Fitzgerald (2025-11-13) downgraded TGB to Hold from Buy while raising the price target to C$6.50 (from C$4.75). Rationale: Q3 broadly in-line, Gibraltar behind guidance, Florence on schedule, and shares up ~147% YTD—now viewed as fully/fairly valued. Wall Street pros: improving margins/revenue and Florence timeline support the bull case. Wall Street cons: guidance/execution risk at Gibraltar and valuation/expectations risk after a large run, leading to a more neutral stance.

5 Analyst Rating

Wall Street analysts forecast TGB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TGB is 5.04 USD with a low forecast of 4.68 USD and a high forecast of 5.4 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

1 Hold

0 Sell

Strong Buy

Current: 8.600

Low

4.68

Averages

5.04

High

5.4

Current: 8.600

Low

4.68

Averages

5.04

High

5.4

Cantor Fitzgerald

Mike Kozak

Buy -> Hold

downgrade

AI Analysis

2025-11-13

Reason

Cantor Fitzgerald

Mike Kozak

Price Target

AI Analysis

2025-11-13

downgrade

Buy -> Hold

Reason

Cantor Fitzgerald analyst Mike Kozak downgraded Taseko Mines to Hold from Buy with a price target of C$6.50, up from C$4.75. Taseko reported overall in-line Q3 results, with Gibraltar production tracking behind on guidance but Florence remaining on schedule for first copper cathode, the analyst tells investors in a research note. Shares are up 147% year-to-date, and Cantor now views them as fully and fairly valued.

TD Securities

Craig Hutchison

Hold

Buy

upgrade

2025-10-23

Reason

TD Securities

Craig Hutchison

Price Target

2025-10-23

upgrade

Hold

Buy

Reason

TD Securities analyst Craig Hutchison upgraded Taseko Mines to Buy from Hold with a price target of C$6.50, up from C$5, after resuming coverage of the name. The firm cites the company's increased liquidity following the $170M financing and expected improvement in grades at Gibraltar from Q4 onwards for the upgrade. Taseko will also benefit from the conclusion of construction spending at Florence and the favorable outlook for copper, the analyst tells investors in a research note.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for TGB

Unlock Now

TGB Should I Buy

TGB Should I Buy

Should You Buy Taseko Mines Ltd (TGB) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch