On Monday, Taseko Mines Ltd (AMEX: TGB) was -0.88% drop from the session before settling in for the closing price of $2.26. A 52-week range for TGB has been $1.77 – $3.15.
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A company in the Basic Materials sector has jumped its sales by 18.11% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 34.69%. With a float of $302.35 million, this company’s outstanding shares have now reached $304.68 million.
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 2.64%, while institutional ownership is 26.42%.
Taseko Mines Ltd (TGB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 34.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 59.59% during the next five years compared to 27.43% growth over the previous five years of trading.
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 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58.
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 0.30 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 11.78 million. That was better than the volume of 8.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 43.94%. Additionally, its Average True Range was 0.12.
During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 58.75%, which indicates a significant increase from 28.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.43% in the past 14 days, which was lower than the 60.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.14, while its 200-day Moving Average is $2.20. However, in the short run, Taseko Mines Ltd’s stock first resistance to watch stands at $2.29. Second resistance stands at $2.33. The third major resistance level sits at $2.41. If the price goes on to break the first support level at $2.16, it is likely to go to the next support level at $2.08. Assuming the price breaks the second support level, the third support level stands at $2.04.
Taseko Mines Ltd (AMEX: TGB) Key Stats
There are 310,624K outstanding shares of the company, which has a market capitalization of 695.63 million. As of now, sales total 443,790 K while income totals -9,810 K. Its latest quarter income was 119,930 K while its last quarter net income were -15,160 K.
