A share price of Taseko Mines Ltd [TGB] is currently trading at $2.09, up 4.50%. An important factor to consider is whether the stock is rising or falling in short-term value. The TGB shares have gain 12.37% over the last week, with a monthly amount glided 1.95%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Taseko Mines Ltd [AMEX: TGB] stock has seen the most recent analyst activity on December 10, 2024, when National Bank Financial upgraded its rating to a Outperform. On April 19, 2022, upgrade upgraded it’s rating to Buy. TD Securities upgraded its rating to a Buy. Liberum initiated its recommendation with a Buy. National Bank Financial downgraded its rating to Sector Perform for this stock on November 18, 2019. In a note dated July 22, 2019, TD Securities downgraded an Hold rating on this stock.
Taseko Mines Ltd experienced fluctuations in its stock price throughout the past year between $1.34 and $3.15. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Taseko Mines Ltd [AMEX: TGB] shares were valued at $2.09 at the most recent close of the market. An investor can expect a potential return of 79.43% based on the average TGB price forecast.
Analyzing the TGB fundamentals
Trailing Twelve Months sales for Taseko Mines Ltd [AMEX:TGB] were 434.35M which represents 6.59% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.16 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.03 points at the first support level, and at 1.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.15, and for the 2nd resistance point, it is at 2.22.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Taseko Mines Ltd [AMEX:TGB] is 1.71. On the other hand, the Quick Ratio is 1.05, and the Cash Ratio is 0.97. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 1.76 and price to earnings (TTM) ratio is 10.98.
