Taseko Mines Ltd (AMEX: TGB) kicked off on Tuesday, down -3.88% from the previous trading day, before settling in for the closing price of $2.06. Over the past 52 weeks, TGB has traded in a range of $1.14-$3.15.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 9.15%. While this was happening, its average annual earnings per share was recorded 37.39%. With a float of $297.30 million, this company’s outstanding shares have now reached $304.45 million.
Let’s determine the extent of company efficiency that accounts for 797 employees. In terms of profitability, gross margin is 23.72%, operating margin of 11.48%, and the pretax margin is 21.71%.
Taseko Mines Ltd (TGB) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Copper Industry. The insider ownership of Taseko Mines Ltd is 2.35%, while institutional ownership is 27.65%.
Taseko Mines Ltd (TGB) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.08 earnings per share (EPS), higher than consensus estimate (set at 0.08) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 37.39% per share during the next fiscal year.
Taseko Mines Ltd (AMEX: TGB) Trading Performance Indicators
Take a look at Taseko Mines Ltd’s (TGB) current performance indicators. Last quarter, stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.19 in one year’s time.
Technical Analysis of Taseko Mines Ltd (TGB)
Looking closely at Taseko Mines Ltd (AMEX: TGB), its last 5-days average volume was 2.18 million, which is a drop from its year-to-date volume of 3.02 million. As of the previous 9 days, the stock’s Stochastic %D was 39.51%. Additionally, its Average True Range was 0.11.
During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 19.77%, which indicates a significant increase from 6.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.81% in the past 14 days, which was higher than the 60.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.33, while its 200-day Moving Average is $2.26. However, in the short run, Taseko Mines Ltd’s stock first resistance to watch stands at $2.05. Second resistance stands at $2.11. The third major resistance level sits at $2.17. If the price goes on to break the first support level at $1.93, it is likely to go to the next support level at $1.87. Should the price break the second support level, the third support level stands at $1.81.
Taseko Mines Ltd (AMEX: TGB) Key Stats
The company with the Market Capitalisation of 602.81 million has total of 300,197K Shares Outstanding. Its annual sales at the moment are 388,900 K in contrast with the sum of 61,280 K annual income. Company’s last quarter sales were recorded 114,070 K and last quarter income was -130 K.
