Taseko Mines Ltd [TGB] stock prices are down -1.40% to $7.05 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TGB shares have gain 18.89% over the last week, with a monthly amount glided 35.58%, 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 an 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 a Hold rating on this stock.
The stock price of Taseko Mines Ltd [TGB] has been fluctuating between $1.67 and $7.43 over the past year. 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 $7.05 at the most recent close of the market. An investor can expect a potential drop of -46.81% based on the average TGB price forecast.
Analyzing the TGB fundamentals
The Taseko Mines Ltd [AMEX:TGB] reported sales of 427.76M for trailing twelve months, representing a surge of 10.78%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.11 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 1.58.
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’s worth pointing out that Taseko Mines Ltd [AMEX:TGB]’s Current Ratio is 0.97. Also, the Quick Ratio is 0.47, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 5.94, the price to book ratio is 5.69.
