At the time of writing, Taseko Mines Ltd [TGB] stock is trading at $2.06, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TGB shares have gain 0.98% over the last week, with a monthly amount drifted -2.83%, and not 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.
For the past year, the stock price of Taseko Mines Ltd fluctuated between $1.67 and $3.09. 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 $2.06 at the most recent close of the market. An investor can expect a potential return of 82.04% based on the average TGB price forecast.
Analyzing the TGB fundamentals
According to Taseko Mines Ltd [AMEX:TGB], the company’s sales were 430.82M for trailing twelve months, which represents an -9.93% plunge. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.12 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Taseko Mines Ltd [AMEX:TGB] has a current ratio of 1.08. As well, the Quick Ratio is 0.60, while the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 1.84.
