Balance Sheet Insights: Taseko Mines Ltd. (TGB)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Taseko Mines Ltd. (AMEX: TGB) closed at $2.37 down -3.66% from its previous closing price of $2.46. In other words, the price has decreased by $-3.66 from its previous closing price. On the day, 3.19 million shares were traded. TGB stock price reached its highest trading level at $2.44 during the session, while it also had its lowest trading level at $2.36.

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 0.90 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.41.

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 689712576 and an Enterprise Value of 1228517632. As of this moment, Taseko’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.32, and their Forward P/E ratio for the next fiscal year is 10.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 2.34 whereas that against EBITDA is 7.277.

Stock Price History:

The Beta on a monthly basis for TGB is 1.91, which has changed by 0.46296299 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, TGB has reached a high of $2.61, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 23.62%, while the 200-Day Moving Average is calculated to be 61.26%.

Shares Statistics:

For the past three months, TGB has traded an average of 2.31M shares per day and 3507280 over the past ten days. A total of 290.00M shares are outstanding, with a floating share count of 283.00M. Insiders hold about 2.65% of the company’s shares, while institutions hold 18.59% stake in the company. Shares short for TGB as of 1711584000 were 4866153 with a Short Ratio of 2.11, compared to 1709164800 on 5088391.

Earnings Estimates

The stock of Taseko Mines Ltd. (TGB) is currently drawing attention from 3 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.04 and a low estimate of $0.02, while EPS last year was $0.02. The consensus estimate for the next quarter is $0.03, with high estimates of $0.05 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.23 and $0.09 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $0.26, with 4 analysts recommending between $0.29 and $0.22.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $92.82M this quarter.It ranges from a high estimate of $93.63M to a low estimate of $92.02M. As of the current estimate, Taseko Mines Ltd.’s year-ago sales were $87.74M, an estimated increase of 5.80% 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 $437.62M, while the lowest revenue estimate was $372.12M, resulting in an average revenue estimate of $402.75M. In the same quarter a year ago, actual revenue was $380.36M, up 5.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $474.54M in the next fiscal year. The high estimate is $512.82M and the low estimate is $418.78M. The average revenue growth estimate for next year is up 17.80% from the average revenue estimate for this year.

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