Taseko Mines Ltd. (AMEX: TGB) has a price-to-earnings ratio that is above its average at 10.10x. The stock has a 36-month beta value of 1.79. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for TGB is 283.63M, and at present, short sellers hold a 0.66% of that float. On May 06, 2024, the average trading volume of TGB was 2.47M shares.
TGB) stock’s latest price update
The stock price of Taseko Mines Ltd. (AMEX: TGB) has surged by 3.11 when compared to previous closing price of 2.41, but the company has seen a -6.58% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-04 that Taseko Mines Limited (NYSE:TGB ) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Brian Bergot – Vice President-Investor Relations Stuart McDonald – President and Chief Executive Officer Bryce Hamming – Chief Financial Officer Richard Tremblay – Chief Operating Officer Conference Call Participants Craig Hutchison – TD Bank Operator Good morning. My name is Ina, and I will be your conference operator today.
TGB’s Market Performance
Taseko Mines Ltd. (TGB) has experienced a -6.58% fall in stock performance for the past week, with a 4.41% rise in the past month, and a 85.45% rise in the past quarter. The volatility ratio for the week is 5.40%, and the volatility levels for the past 30 days are at 4.98% for TGB. The simple moving average for the last 20 days is 0.87% for TGB stock, with a simple moving average of 63.57% for the last 200 days.
TGB Trading at 17.49% 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 -8.30% of loss for the given period.
Volatility was left at 4.98%, however, over the last 30 days, the volatility rate increased by 5.40%, as shares surge +1.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +66.33% upper at present.
During the last 5 trading sessions, TGB fell by -6.20%, which changed the moving average for the period of 200-days by +72.07% in comparison to the 20-day moving average, which settled at $2.47. In addition, Taseko Mines Ltd. saw 77.50% 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:
- 0.21 for the present operating margin
- 0.26 for the gross margin
The net margin for Taseko Mines Ltd. stands at 0.17. The total capital return value is set at 0.07. Equity return is now at value 23.48, with 6.00 for asset returns.
Based on Taseko Mines Ltd. (TGB), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.33. The interest coverage ratio of the stock is 3.57.
Currently, EBITDA for the company is 186.44 million with net debt to EBITDA at 2.75. When we switch over and look at the enterprise to sales, we see a ratio of 2.66. The receivables turnover for the company is 41.9for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.
Conclusion
To sum up, Taseko Mines Ltd. (TGB) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
