Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $2.40 in the prior trading day, Taseko Mines Ltd. (AMEX: TGB) closed at $2.41, up 0.42%. In other words, the price has increased by $0.42 from its previous closing price. On the day, 1.65 million shares were traded. TGB stock price reached its highest trading level at $2.48 during the session, while it also had its lowest trading level at $2.37.
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 1.11 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.34.
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 706154112 and an Enterprise Value of 1191051648. As of this moment, Taseko’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.80, and their Forward P/E ratio for the next fiscal year is 11.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 2.141 whereas that against EBITDA is 7.248.
Stock Price History:
Over the past 52 weeks, TGB has reached a high of $2.71, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 14.96%, while the 200-Day Moving Average is calculated to be 59.12%.
Shares Statistics:
The stock has traded on average 2.48M shares per day over the past 3-months and 3068810 shares per day over the last 10 days, according to various share statistics. A total of 290.00M shares are outstanding, with a floating share count of 283.63M. Insiders hold about 2.43% of the company’s shares, while institutions hold 18.68% stake in the company. Shares short for TGB as of 1713139200 were 1870121 with a Short Ratio of 0.75, compared to 1710460800 on 4866153.
