Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $3.09 in the prior trading day, Taseko Mines Ltd (AMEX: TGB) closed at $3.07, down -0.65%. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 3.44 million shares were traded. TGB stock price reached its highest trading level at $3.1248 during the session, while it also had its lowest trading level at $3.01.
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 0.60 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.49.
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 970285824 and an Enterprise Value of 1641208320. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 2.75. Its current Enterprise Value per Revenue stands at 2.734 whereas that against EBITDA is 15.465.
Stock Price History:
The Beta on a monthly basis for TGB is 1.18, which has changed by 0.6243386 over the last 52 weeks, in comparison to a change of 0.21149921 over the same period for the S&P500. Over the past 52 weeks, TGB has reached a high of $3.67, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 1.09%, while the 200-Day Moving Average is calculated to be 30.98%.
Shares Statistics:
The stock has traded on average 10.37M shares per day over the past 3-months and 4883280 shares per day over the last 10 days, according to various share statistics. A total of 315.88M shares are outstanding, with a floating share count of 307.59M. Insiders hold about 2.62% of the company’s shares, while institutions hold 32.27% stake in the company. Shares short for TGB as of 1752537600 were 11069611 with a Short Ratio of 1.07, compared to 1749772800 on 9419815.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Taseko Mines Ltd (TGB) is currently in the spotlight, with 6.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.09, with high estimates of $0.1 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.27 and $0.09 for the fiscal current year, implying an average EPS of $0.17. EPS for the following year is $0.46, with 7.0 analysts recommending between $0.73 and $0.27.
Revenue Estimates
2 analysts predict $121.3M in revenue for the current quarter. It ranges from a high estimate of $121.6M to a low estimate of $121M. As of the current estimate, Taseko Mines Ltd’s year-ago sales were $137.73MFor the next quarter, 2 analysts are estimating revenue of $202M. There is a high estimate of $202M for the next quarter, whereas the lowest estimate is $202M.
A total of 4 analysts have provided revenue estimates for TGB’s current fiscal year. The highest revenue estimate was $702.7M, while the lowest revenue estimate was $661M, resulting in an average revenue estimate of $688.19M. In the same quarter a year ago, actual revenue was $608.09MBased on 4 analysts’ estimates, the company’s revenue will be $945M in the next fiscal year. The high estimate is $1.01B and the low estimate is $836.22M.
