Taseko Mines Limited (AMEX:TGB) went up by 6.06% from its latest closing price compared to the recent 1-year high of $2.67. The company’s stock price has collected 7.14% of gains in the last five trading sessions. Press Release reported 18 hours ago that Taseko Reports Significant Increase in Quarterly Copper Production
Is It Worth Investing in Taseko Mines Limited (AMEX :TGB) Right Now?
Taseko Mines Limited (AMEX:TGB) scored a price-to-earnings ratio above its average ratio, recording 80.77 x from its present earnings ratio. Plus, the 36-month beta value for TGB is at 2.40. Opinions of the stock are interesting as 6 analysts out of 8 who provided ratings for Taseko Mines Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.59, which is -$0.07 below the current price. TGB currently public float of 273.46M and currently shorts hold a 0.66% ratio of that float. Today, the average trading volume of TGB was 1.46M shares.
TGB’s Market Performance
TGB stocks went up by 7.14% for the week, with a monthly jump of 12.30% and a quarterly performance of 12.90%, while its annual performance rate touched 92.66%. The volatility ratio for the week stands at 5.95% while the volatility levels for the past 30 days are set at 6.21% for Taseko Mines Limited. The simple moving average for the period of the last 20 days is 12.72% for TGB stocks with a simple moving average of 14.82% for the last 200 days.
TGB Trading at 16.67% from the 50-Day Moving Average
After a stumble in the market that brought TGB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.35% of loss for the given period.
Volatility was left at 6.21%, however, over the last 30 days, the volatility rate increased by 5.95%, as shares surge +12.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.32% upper at present.
During the last 5 trading sessions, TGB rose by +7.14%, which changed the moving average for the period of 200-days by +61.54% in comparison to the 20-day moving average, which settled at $1.8800. In addition, Taseko Mines Limited saw 59.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TGB
Current profitability levels for the company are sitting at:
- -2.86 for the present operating margin
- +3.08 for the gross margin
The net margin for Taseko Mines Limited stands at -7.09. The total capital return value is set at -1.40, while invested capital returns managed to touch -3.56. Equity return is now at value 2.90, with 0.90 for asset returns.
Based on Taseko Mines Limited (TGB), the company’s capital structure generated 114.50 points at debt to equity in total, while total debt to capital is 53.38. Total debt to assets is 39.92, with long-term debt to equity ratio resting at 108.95. Finally, the long-term debt to capital ratio is 50.79.
When we switch over and look at the enterprise to sales, we see a ratio of 2.09, with the company’s debt to enterprise value settled at 0.52. The receivables turnover for the company is 32.39 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.00.