A new trading day began on May 23, 2023, with Taseko Mines Limited (AMEX: TGB) stock priced at $1.39, down -6.43% from the previous day of trading. During the day, the shares moved up to $1.39 and dropped to $1.30 before settling in for the closing price of $1.40. TGB’s price has ranged from $0.89 to $1.90 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 0.70%. Meanwhile, its annual earnings per share averaged -171.50%. With a float of $277.06 million, this company’s outstanding shares have now reached $288.01 million.
The extent of productivity of a business whose workforce counts for 207 workers is very important to gauge. In terms of profitability, gross margin is +13.90, operating margin of +9.87, and the pretax margin is -4.87.
Taseko Mines Limited (TGB) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Copper Industry. The insider ownership of Taseko Mines Limited is 2.30%, while institutional ownership is 22.50%.
Taseko Mines Limited (TGB) Latest Financial update
This company achieved a net margin of -6.61 while generating a return on equity of -7.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -171.50% per share during the next fiscal year.
Taseko Mines Limited (AMEX: TGB) Trading Performance Indicators
Here are Taseko Mines Limited’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.17 in one year’s time.
Technical Analysis of Taseko Mines Limited (TGB)
The latest stats from [Taseko Mines Limited, TGB] show that its last 5-days average volume of 0.84 million was inferior to 1.21 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.36%. Additionally, its Average True Range was 0.07.
During the past 100 days, Taseko Mines Limited’s (TGB) raw stochastic average was set at 1.67%, which indicates a significant decrease from 3.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.51% in the past 14 days, which was higher than the 51.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5764, while its 200-day Moving Average is $1.4195. Now, the first resistance to watch is $1.3667. This is followed by the second major resistance level at $1.4233. The third major resistance level sits at $1.4567. If the price goes on to break the first support level at $1.2767, it is likely to go to the next support level at $1.2433. The third support level lies at $1.1867 if the price breaches the second support level.
Taseko Mines Limited (AMEX: TGB) Key Stats
With a market capitalization of 386.21 million, the company has a total of 288,417K Shares Outstanding. Currently, annual sales are 301,230 K while annual income is -19,980 K. The company’s previous quarter sales were 85,390 K while its latest quarter income was 3,280 K.
