On Friday, Taseko Mines Ltd (AMEX: TGB) was 3.66% up from the session before settling in for the closing price of $1.91. A 52-week range for TGB has been $1.27 – $3.15.
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A company in the Basic Materials sector has jumped its sales by 9.15% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 33.67%. With a float of $297.56 million, this company’s outstanding shares have now reached $300.20 million.
In an organization with 797 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 23.72%, operating margin of 14.68%, and the pretax margin is 21.71%.
Taseko Mines Ltd (TGB) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Taseko Mines Ltd stocks. The insider ownership of Taseko Mines Ltd is 2.26%, while institutional ownership is 27.65%.
Taseko Mines Ltd (TGB) Performance Highlights and Predictions
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 33.67% per share during the next fiscal year.
Taseko Mines Ltd (AMEX: TGB) Trading Performance Indicators
You can see what Taseko Mines Ltd (TGB) is doing with its current performance indicators. In the most recent quarter, the stock posted 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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.27 million. That was better than the volume of 2.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.08%. Additionally, its Average True Range was 0.10.
During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 19.77%, which indicates a significant decrease from 29.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.64% in the past 14 days, which was lower than the 60.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1740, while its 200-day Moving Average is $2.3034. However, in the short run, Taseko Mines Ltd’s stock first resistance to watch stands at $2.0300. Second resistance stands at $2.0800. The third major resistance level sits at $2.1500. If the price goes on to break the first support level at $1.9100, it is likely to go to the next support level at $1.8400. Assuming the price breaks the second support level, the third support level stands at $1.7900.
Taseko Mines Ltd (AMEX: TGB) Key Stats
There are 304,523K outstanding shares of the company, which has a market capitalization of 602.81 million. As of now, sales total 388,900 K while income totals 61,280 K. Its latest quarter income was 114,070 K while its last quarter net income were -130 K.
