Taseko Mines Limited (AMEX: TGB) closed the day trading at $1.31 down -6.43% from the previous closing price of $1.40. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 1676725 shares were traded. TGB stock price reached its highest trading level at $1.3900 during the session, while it also had its lowest trading level at $1.3000.
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For a better understanding of TGB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 1.66 whereas as Long-Term Debt/Eq ratio is at 1.58.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGB now has a Market Capitalization of 430.75M and an Enterprise Value of 773.87M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 1.99 whereas that against EBITDA is 10.94.
Stock Price History:
Over the past 52 weeks, TGB has reached a high of $1.90, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is 1.5764, while the 200-Day Moving Average is calculated to be 1.4195.
Over the past 3-months, TGB traded about 1.11M shares per day on average, while over the past 10 days, TGB traded about 923.49k shares per day. A total of 288.01M shares are outstanding, with a floating share count of 277.06M. Insiders hold about 2.30% of the company’s shares, while institutions hold 22.50% stake in the company. Shares short for TGB as of Apr 27, 2023 were 622.73k with a Short Ratio of 0.62M, compared to 392.21k on Mar 30, 2023.
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.03 and a low estimate of $0.01, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.03, with high estimates of $0.04 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.12 and $0.08 for the fiscal current year, implying an average EPS of $0.09. EPS for the following year is $0.17, with 3 analysts recommending between $0.18 and $0.15.
2 analysts predict $95.11M in revenue for the current quarter. It ranges from a high estimate of $97.55M to a low estimate of $92.68M. As of the current estimate, Taseko Mines Limited’s year-ago sales were $62.21M, an estimated increase of 52.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $99.13M, an increase of 53.50% over than the figure of $52.90% in the same quarter last year. There is a high estimate of $101.55M for the next quarter, whereas the lowest estimate is $96.7M.
A total of 3 analysts have provided revenue estimates for TGB’s current fiscal year. The highest revenue estimate was $396.57M, while the lowest revenue estimate was $370.56M, resulting in an average revenue estimate of $383.63M. In the same quarter a year ago, actual revenue was $286.73M, up 33.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $414.61M in the next fiscal year. The high estimate is $436.52M and the low estimate is $403.24M. The average revenue growth estimate for next year is up 8.10% from the average revenue estimate for this year.