Taseko Mines Ltd (TGB) with a beta value of 1.35 appears to be a promising investment opportunity.

Taseko Mines Ltd (AMEX: TGB) kicked off on Monday, down -3.96% from the previous trading day, before settling in for the closing price of $3.03. Over the past 52 weeks, TGB has traded in a range of $1.67-$3.14.

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During the last 5-year period, the sales growth of Basic Materials Sector giant was 12.21%. While this was happening, its average annual earnings per share was recorded 0.12%. 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) Breakdown of a Key Holders of the stock

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 2.63%, while institutional ownership is 32.92%.

Taseko Mines Ltd (TGB) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 0.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 61.44% 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

Take a look at Taseko Mines Ltd’s (TGB) current performance indicators. Last quarter, stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.31 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 13.32 million, which is a jump from its year-to-date volume of 11.12 million. As of the previous 9 days, the stock’s Stochastic %D was 76.56%. Additionally, its Average True Range was 0.14.

During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 84.35%, which indicates a significant increase from 76.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.18% in the past 14 days, which was higher than the 72.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.23, while its 200-day Moving Average is $2.18. However, in the short run, Taseko Mines Ltd’s stock first resistance to watch stands at $3.04. Second resistance stands at $3.16. The third major resistance level sits at $3.23. If the price goes on to break the first support level at $2.85, it is likely to go to the next support level at $2.78. Now, if the price goes above the second support level, the third support stands at $2.66.

Taseko Mines Ltd (AMEX: TGB) Key Stats

The company with the Market Capitalisation of 919.21 million has total of 315,875K Shares Outstanding. Its annual sales at the moment are 443,790 K in contrast with the sum of -9,810 K annual income. Company’s last quarter sales were recorded 96,900 K and last quarter income was -19,890 K.

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