In the latest session, Taseko Mines Ltd. (AMEX: TGB) closed at $1.53 up 3.38% from its previous closing price of $1.48. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 976453 shares were traded. TGB stock price reached its highest trading level at $1.5375 during the session, while it also had its lowest trading level at $1.4800.
Ratios:
For a deeper understanding of Taseko Mines Ltd.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 1.70 whereas as Long-Term Debt/Eq ratio is at 1.64.
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 438.29M and an Enterprise Value of 900.33M. As of this moment, Taseko’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.08, and their Forward P/E ratio for the next fiscal year is 14.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 1.91 whereas that against EBITDA is 7.18.
Stock Price History:
Over the past 52 weeks, TGB has reached a high of $1.84, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 1.4150, while the 200-Day Moving Average is calculated to be 1.3416.
Shares Statistics:
For the past three months, TGB has traded an average of 1.08M shares per day and 934k over the past ten days. A total of 286.49M shares are outstanding, with a floating share count of 279.75M. Insiders hold about 3.11% of the company’s shares, while institutions hold 18.59% stake in the company. Shares short for TGB as of Jan 31, 2024 were 4.82M with a Short Ratio of 4.48, compared to 4.95M on Dec 29, 2023.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.06, while EPS last year was $0.01. 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 $0.1. EPS for the following year is $0.11, with 6 analysts recommending between $0.14 and $0.09.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $116.22M this quarter.It ranges from a high estimate of $116.96M to a low estimate of $115.48M. As of the current estimate, Taseko Mines Ltd.’s year-ago sales were $73.67M, an estimated increase of 57.80% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for TGB’s current fiscal year. The highest revenue estimate was $392.34M, while the lowest revenue estimate was $358.22M, resulting in an average revenue estimate of $382.9M. In the same quarter a year ago, actual revenue was $286.73M, up 33.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $382.57M in the next fiscal year. The high estimate is $408.85M and the low estimate is $364.95M. The average revenue growth estimate for next year is down -0.10% from the average revenue estimate for this year.
