The closing price of Taseko Mines Ltd. (AMEX: TGB) was $2.21 for the day, up 6.25% from the previous closing price of $2.08. In other words, the price has increased by $+0.1300 from its previous closing price. On the day, 3594576 shares were traded.
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Ratios:
Our analysis of TGB’s different ratios will help us gain a deeper understanding of the company. 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 638.10M and an Enterprise Value of 1.10B. As of this moment, Taseko’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.56, and their Forward P/E ratio for the next fiscal year is 10.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 2.33 whereas that against EBITDA is 8.76.
Stock Price History:
Over the past 52 weeks, TGB has reached a high of $2.17, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 1.5932, while the 200-Day Moving Average is calculated to be 1.3898.
Shares Statistics:
TGB traded an average of 1.60M shares per day over the past three months and 3.16M shares per day over the past ten days. A total of 290.00M shares are outstanding, with a floating share count of 282.02M. Insiders hold about 2.91% of the company’s shares, while institutions hold 18.48% stake in the company. Shares short for TGB as of Feb 29, 2024 were 5.05M with a Short Ratio of 3.17, compared to 4.82M on Jan 31, 2024.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. 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 $0.03 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.16 and $0.09 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.21, with 5 analysts recommending between $0.3 and $0.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $95.1M to a low estimate of $92.58M. As of the current estimate, Taseko Mines Ltd.’s year-ago sales were $87.74M, an estimated increase of 6.80% from the year-ago figure.
A total of 5 analysts have provided revenue estimates for TGB’s current fiscal year. The highest revenue estimate was $431.46M, while the lowest revenue estimate was $377.96M, resulting in an average revenue estimate of $405.45M. In the same quarter a year ago, actual revenue was $386.33M, up 4.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $479.34M in the next fiscal year. The high estimate is $520.87M and the low estimate is $425.35M. The average revenue growth estimate for next year is up 18.20% from the average revenue estimate for this year.
