Daily Market Movement: Taseko Mines Ltd. (TGB) Sees a 1.16 Increase, Closing at 2.61

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Taseko Mines Ltd. (AMEX: TGB) was $2.61 for the day, up 1.16% from the previous closing price of $2.58. In other words, the price has increased by $1.16 from its previous closing price. On the day, 2.28 million shares were traded. TGB stock price reached its highest trading level at $2.67 during the session, while it also had its lowest trading level at $2.59.

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 1.34 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.57.

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 765646080 and an Enterprise Value of 1319770112. As of this moment, Taseko’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.52, and their Forward P/E ratio for the next fiscal year is 11.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 2.267 whereas that against EBITDA is 9.377.

Stock Price History:

Over the past 52 weeks, TGB has reached a high of $3.15, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 20.35%, while the 200-Day Moving Average is calculated to be 25.48%.

Shares Statistics:

TGB traded an average of 2.91M shares per day over the past three months and 3885910 shares per day over the past ten days. A total of 290.00M shares are outstanding, with a floating share count of 286.66M. Insiders hold about 2.28% of the company’s shares, while institutions hold 27.58% stake in the company. Shares short for TGB as of 1726185600 were 1996019 with a Short Ratio of 0.69, compared to 1723680000 on 2080374.

Most Popular