Taseko Mines Ltd (TGB) posted a -1.64% change over the last five days signaling a new trend

Sana Meer

On Tuesday, Taseko Mines Ltd (AMEX: TGB) was -6.47% drop from the session before settling in for the closing price of $4.48. A 52-week range for TGB has been $1.67 – $4.84.

During the last 5-year period, the sales growth of Basic Materials Sector giant was 27.43%. When this article was written, the company’s average yearly earnings per share was at -24.41%. With a float of $350.95 million, this company’s outstanding shares have now reached $359.48 million.

Taseko Mines Ltd (TGB) Breakdown of a Key Holders of the stock

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 2.37%, while institutional ownership is 31.36%.

Taseko Mines Ltd (TGB) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.03 earnings per share (EPS) during the time that was better than consensus figure (set at 0.03) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -24.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 58.75% 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 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.35 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 6.56 million, which is a drop from its year-to-date volume of 8.79 million. As of the previous 9 days, the stock’s Stochastic %D was 72.74%.

During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 68.60%, which indicates a significant increase from 56.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.19 in the past 14 days, which was higher than the 0.16 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.91, while its 200-day Moving Average is $2.87. However, in the short run, Taseko Mines Ltd’s stock first resistance to watch stands at $4.32. Second resistance stands at $4.45. The third major resistance level sits at $4.53. If the price goes on to break the first support level at $4.11, it is likely to go to the next support level at $4.03. Now, if the price goes above the second support level, the third support stands at $3.90.

Taseko Mines Ltd (AMEX: TGB) Key Stats

There are 359,483K outstanding shares of the company, which has a market capitalization of 1.51 billion. As of now, sales total 443,790 K while income totals -9,810 K. Its latest quarter income was 83,930 K while its last quarter net income were 15,810 K.

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