On Friday, Taseko Mines Ltd (AMEX: TGB) opened lower -4.44% from the last session, before settling in for the closing price of $4.05. Price fluctuations for TGB have ranged from $1.67 to $4.84 over the past 52 weeks.
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 27.43%. Company’s average yearly earnings per share was noted -14.53% at the time writing. With a float of $309.24 million, this company’s outstanding shares have now reached $316.48 million.
Taseko Mines Ltd (TGB) Insider Updates
A key investor’s attitude towards the stock of the Copper industry is another important factor to consider. The insider ownership of Taseko Mines Ltd is 2.37%, while institutional ownership is 35.44%.
Taseko Mines Ltd (TGB) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.03 earnings per share (EPS) for the quarter, besting the agreed prediction (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 -14.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 55.31% 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
Check out the current performance indicators for Taseko Mines Ltd (TGB). In the past 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 2.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of Taseko Mines Ltd (TGB)
The latest stats from [Taseko Mines Ltd, TGB] show that its last 5-days average volume of 7.43 million was inferior to 8.91 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.33%.
During the past 100 days, Taseko Mines Ltd’s (TGB) raw stochastic average was set at 63.81%, which indicates a significant increase from 6.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.21 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 $3.67, while its 200-day Moving Average is $2.74. Now, the first resistance to watch is $3.97. This is followed by the second major resistance level at $4.08. The third major resistance level sits at $4.16. If the price goes on to break the first support level at $3.78, it is likely to go to the next support level at $3.70. Assuming the price breaks the second support level, the third support level stands at $3.59.
Taseko Mines Ltd (AMEX: TGB) Key Stats
There are currently 316,825K shares outstanding in the company with a market cap of 1.23 billion. Presently, the company’s annual sales total 443,790 K according to its annual income of -9,810 K. Last quarter, the company’s sales amounted to 83,930 K and its income totaled 15,810 K.
