On Monday Taseko Mines Ltd (AMEX: TGB) was 3.28% up from the session before settling in for the closing price of $3.05. A 52-week range for TGB has been $1.67 – $3.17.
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Basic Materials Sector giant saw their annual sales surged by 27.43% over the last five years. When this article was written, the company’s average yearly earnings per share was at -3.34%. 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 Activity
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 32.92%.
Taseko Mines Ltd (TGB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -3.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 60.55% 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 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.31.
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)
Analysing the last 5-days average volume posted by the [Taseko Mines Ltd, TGB], we can find that recorded value of 12.04 million was better than the volume posted last year of 11.21 million. As of the previous 9 days, the stock’s Stochastic %D was 86.67%.
During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 98.67%, which indicates a significant increase from 95.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.67% in the past 14 days, which was lower than the 72.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.42, while its 200-day Moving Average is $2.23. Now, the first resistance to watch is $3.21. This is followed by the second major resistance level at $3.26. The third major resistance level sits at $3.35. If the price goes on to break the first support level at $3.06, it is likely to go to the next support level at $2.97. Should the price break the second support level, the third support level stands at $2.92.
Taseko Mines Ltd (AMEX: TGB) Key Stats
There are 315,905K outstanding shares of the company, which has a market capitalization of 995.02 million. As of now, sales total 443,790 K while income totals -9,810 K. Its latest quarter income was 96,900 K while its last quarter net income were -19,890 K.
