Post-Trade Analysis: Taseko Mines Ltd (TGB) Climbs 2.23, Closing at 2.29

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After finishing at $2.24 in the prior trading day, Taseko Mines Ltd (AMEX: TGB) closed at $2.29, up 2.23%. In other words, the price has increased by $2.23 from its previous closing price. On the day, 15.72 million shares were traded. TGB stock price reached its highest trading level at $2.29 during the session, while it also had its lowest trading level at $2.19.

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 1.04 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.52.

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 723353728 and an Enterprise Value of 1334731776. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 2.195 whereas that against EBITDA is 10.553.

Stock Price History:

The Beta on a monthly basis for TGB is 1.48, which has changed by -0.061475396 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, TGB has reached a high of $3.15, while it has fallen to a 52-week low of $1.77. The 50-Day Moving Average of the stock is 6.88%, while the 200-Day Moving Average is calculated to be 4.05%.

Shares Statistics:

The stock has traded on average 8.43M shares per day over the past 3-months and 12685040 shares per day over the last 10 days, according to various share statistics. A total of 304.68M shares are outstanding, with a floating share count of 302.35M. Insiders hold about 2.64% of the company’s shares, while institutions hold 26.42% stake in the company. Shares short for TGB as of 1741910400 were 3387186 with a Short Ratio of 0.40, compared to 1739491200 on 2628493.

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