Taseko Mines Limited (AMEX: TGB) kicked off on January 24, 2023, at the price of $1.77, down -1.67% from the previous trading day. During the day, the shares moved up to $1.81 and dropped to $1.75 before settling in for the closing price of $1.80. Over the past 52 weeks, TGB has traded in a range of $0.89-$2.41.
During the last 5-year period, the sales growth of Basic Materials Sector giant was 10.40%. While this was happening, its average annual earnings per share was recorded 235.10%. With a float of $277.06 million, this company’s outstanding shares have now reached $286.38 million.
Let’s determine the extent of company efficiency that accounts for 207 employees. In terms of profitability, gross margin is +37.09, operating margin of +31.85, and the pretax margin is +16.53.
Taseko Mines Limited (TGB) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Taseko Mines Limited is 2.30%, while institutional ownership is 22.50%.
Taseko Mines Limited (TGB) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported -$0.04 earnings per share (EPS), lower than consensus estimate (set at $0.01) by -$0.05. This company achieved a net margin of +8.52 while generating a return on equity of 10.79. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 235.10% per share during the next fiscal year.
Taseko Mines Limited (AMEX: TGB) Trading Performance Indicators
Take a look at Taseko Mines Limited’s (TGB) current performance indicators. Last quarter, stock had a quick ratio of 1.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69. Likewise, its price to free cash flow for the trailing twelve months is 6.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Taseko Mines Limited (TGB)
Looking closely at Taseko Mines Limited (AMEX: TGB), its last 5-days average volume was 1.34 million, which is a drop from its year-to-date volume of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 50.93%. Additionally, its Average True Range was 0.10.
During the past 100 days, Taseko Mines Limited’s (TGB) raw stochastic average was set at 86.87%, which indicates a significant increase from 68.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.54% in the past 14 days, which was lower than the 79.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4722, while its 200-day Moving Average is $1.3583. However, in the short run, Taseko Mines Limited’s stock first resistance to watch stands at $1.8025. Second resistance stands at $1.8350. The third major resistance level sits at $1.8600. If the price goes on to break the first support level at $1.7450, it is likely to go to the next support level at $1.7200. Now, if the price goes above the second support level, the third support stands at $1.6875.
Taseko Mines Limited (AMEX: TGB) Key Stats
The company with the Market Capitalisation of 494.54 million has total of 286,493K Shares Outstanding. Its annual sales at the moment are 345,710 K in contrast with the sum of 29,100 K annual income. Company’s last quarter sales were recorded 68,740 K and last quarter income was -18,020 K.