On Friday, Taseko Mines Ltd (AMEX: TGB) was -11.31% drop from the session before settling in for the closing price of $2.21. A 52-week range for TGB has been $1.67 – $3.15.
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Annual sales at Basic Materials sector company grew by 13.70% over the past five years. When this article was written, the company’s average yearly earnings per share was at 17.31%. With a float of $307.57 million, this company’s outstanding shares have now reached $315.88 million.
In terms of profitability, gross margin is 18.17%, operating margin of 11.24%, and the pretax margin is -10.1%.
Taseko Mines Ltd (TGB) Insider and Institutional Ownership
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 2.63%, while institutional ownership is 25.19%.
Taseko Mines Ltd (TGB) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 61.52% 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 1.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Taseko Mines Ltd (TGB)
Taseko Mines Ltd (AMEX: TGB) saw its 5-day average volume 12.94 million, a positive change from its year-to-date volume of 10.74 million. As of the previous 9 days, the stock’s Stochastic %D was 70.94%. Additionally, its Average True Range was 0.14.
During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 33.33%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.99% in the past 14 days, which was higher than the 66.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1704, while its 200-day Moving Average is $2.1565. Nevertheless, the first resistance level for the watch stands at $2.1200 in the near term. At $2.2800, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.3600. If the price goes on to break the first support level at $1.8800, it is likely to go to the next support level at $1.8000. The third support level lies at $1.6400 if the price breaches the second support level.
Taseko Mines Ltd (AMEX: TGB) Key Stats
There are 315,875K outstanding shares of the company, which has a market capitalization of 619.12 million. As of now, sales total 443,790 K while income totals -9,810 K. Its latest quarter income was 120,150 K while its last quarter net income were -15,680 K.
