Taseko Mines Ltd (AMEX: TGB)’s stock price has soared by 0.44 in relation to previous closing price of 2.27. Nevertheless, the company has seen a gain of 7.55% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-02 that Taseko Mines excels with an existing copper mine in Canada and a promising low-cost copper mine in the US. Despite a mixed Q4 2024, Taseko’s Florence project is set to boost production by 70% and reduce C1 costs significantly. Florence mine’s low-cost, energy-efficient production method and high NPV make Taseko undervalued compared to peers, warranting a buy recommendation.
Is It Worth Investing in Taseko Mines Ltd (AMEX: TGB) Right Now?
Company’s 36-month beta value is 1.41.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TGB is 307.57M, and currently, short sellers hold a 0.70% ratio of that floaft. The average trading volume of TGB on April 28, 2025 was 12.15M shares.
TGB’s Market Performance
TGB stock saw a decrease of 7.55% in the past week, with a monthly decline of -6.56% and a quarterly a decrease of 14.57%. The volatility ratio for the week is 4.98%, and the volatility levels for the last 30 days are 6.94% for Taseko Mines Ltd (TGB).. The simple moving average for the past 20 days is 9.91% for TGB’s stock, with a 5.45% simple moving average for the past 200 days.
TGB Trading at 5.37% 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 -27.62% of loss for the given period.
Volatility was left at 6.94%, however, over the last 30 days, the volatility rate increased by 4.98%, as shares sank -6.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.56% upper at present.
During the last 5 trading sessions, TGB rose by +7.55%, which changed the moving average for the period of 200-days by -9.16% in comparison to the 20-day moving average, which settled at $2.07. In addition, Taseko Mines Ltd saw 17.53% 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:
- 0.13 for the present operating margin
- 0.19 for the gross margin
The net margin for Taseko Mines Ltd stands at -0.02. The total capital return value is set at 0.04. Equity return is now at value -2.74, with -0.68 for asset returns.
Based on Taseko Mines Ltd (TGB), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 1.57. The interest coverage ratio of the stock is 1.14.
Currently, EBITDA for the company is 170.94 million with net debt to EBITDA at 3.61. 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 107.74for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In a nutshell, Taseko Mines Ltd (TGB) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
