In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $5.6 in the prior trading day, Taseko Mines Ltd (AMEX: TGB) closed at $6.01, up 7.32%. In other words, the price has increased by $7.32 from its previous closing price. On the day, 8.11 million shares were traded. TGB stock price reached its highest trading level at $6.08 during the session, while it also had its lowest trading level at $5.72.
Ratios:
Our goal is to gain a better understanding of TGB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 1.77 whereas as Long-Term Debt/Eq ratio is at 1.69.
Valuation Measures:
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 2167424256 and an Enterprise Value of 2944914688. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.06 while its Price-to-Book (P/B) ratio in mrq is 4.85. Its current Enterprise Value per Revenue stands at 4.933 whereas that against EBITDA is 26.988.
Stock Price History:
The Beta on a monthly basis for TGB is 1.25, which has changed by 1.7317073 over the last 52 weeks, in comparison to a change of 0.16067612 over the same period for the S&P500. Over the past 52 weeks, TGB has reached a high of $5.92, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 22.29%, while the 200-Day Moving Average is calculated to be 73.04%.
Shares Statistics:
The stock has traded on average 6.34M shares per day over the past 3-months and 6378070 shares per day over the last 10 days, according to various share statistics. A total of 360.41M shares are outstanding, with a floating share count of 352.90M. Insiders hold about 2.08% of the company’s shares, while institutions hold 36.04% stake in the company. Shares short for TGB as of 1765756800 were 8034530 with a Short Ratio of 1.27, compared to 1763078400 on 7303222.
Earnings Estimates
Analysts are recommending an EPS of between $0.22 and $0.02 for the fiscal current year, implying an average EPS of $0.09. EPS for the following year is $0.55, with 7.0 analysts recommending between $0.9 and $0.28.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for TGB’s current fiscal year. The highest revenue estimate was $684M, while the lowest revenue estimate was $643.96M, resulting in an average revenue estimate of $662.24M. In the same quarter a year ago, actual revenue was $608.09MBased on 4 analysts’ estimates, the company’s revenue will be $1.01B in the next fiscal year. The high estimate is $1.27B and the low estimate is $786.92M.
