Taseko Mines Ltd (TGB) 14-day ATR is 0.11: This Stock is Set to Soar Above its Peers

Taseko Mines Ltd (AMEX: TGB) started the day on Thursday, with a price decrease of -3.69% at $2.09, before settling in for the price of $2.17 at the close. Taking a more long-term approach, TGB posted a 52-week range of $1.14-$3.15.

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It was noted that the giant of the Basic Materials sector posted annual sales growth of 9.15% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 35.09%. This publicly-traded company’s shares outstanding now amounts to $300.20 million, simultaneously with a float of $297.56 million. The organization now has a market capitalization sitting at $636.30 million. At the time of writing, stock’s 50-day Moving Average stood at $2.24, while the 200-day Moving Average is $2.29.

Taseko Mines Ltd (TGB) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Copper Industry. Taseko Mines Ltd’s current insider ownership accounts for 2.26%, in contrast to 27.65% institutional ownership.

Taseko Mines Ltd (TGB) Earnings and Revenue Records

Taseko Mines Ltd’s EPS increase for this current 12-month fiscal period is 35.09% and is forecasted to reach 0.18 in the upcoming year.

Taseko Mines Ltd (AMEX: TGB) Trading Performance Indicators

Let’s observe the current performance indicators for Taseko Mines Ltd (TGB). It’s Quick Ratio in the last reported quarter now stands at 1.05. The Stock has managed to achieve an average true range (ATR) of 0.11. Alongside those numbers, its PE Ratio stands at $10.98, and its Beta score is 1.71. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.46.

In the same vein, TGB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.19, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 0.18 at the market close of one year from today.

Technical Analysis of Taseko Mines Ltd (TGB)

If we take a close look at the recent performances of Taseko Mines Ltd (AMEX: TGB), its last 5-days Average volume was 2.7 million that shows plunge from its year to date volume of 2.99 million. During the previous 9 days, stock’s Stochastic %D was recorded 70.22% While, its Average True Range was 0.10.

Raw Stochastic average of Taseko Mines Ltd (TGB) in the period of the previous 100 days is set at 32.56%, which indicates a major fall in contrast to 57.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 47.94% that was lower than 61.29% volatility it exhibited in the past 100-days period.