Taseko Mines Ltd’s Market Journey: Closing Strong at 3.35, Up 2.13

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The closing price of Taseko Mines Ltd (AMEX: TGB) was $3.35 for the day, up 2.13% from the previous closing price of $3.28. In other words, the price has increased by $2.13 from its previous closing price. On the day, 10.81 million shares were traded. TGB stock price reached its highest trading level at $3.39 during the session, while it also had its lowest trading level at $3.22.

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 0.60 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.49.

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 1058181248 and an Enterprise Value of 1666478336. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 2.776 whereas that against EBITDA is 15.703.

Stock Price History:

The Beta on a monthly basis for TGB is 1.36, which has changed by 0.26415098 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, TGB has reached a high of $3.33, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 35.55%, while the 200-Day Moving Average is calculated to be 49.59%.

Shares Statistics:

TGB traded an average of 13.84M shares per day over the past three months and 12369860 shares per day over the past ten days. A total of 315.88M shares are outstanding, with a floating share count of 307.57M. Insiders hold about 2.63% of the company’s shares, while institutions hold 32.94% stake in the company. Shares short for TGB as of 1749772800 were 7432624 with a Short Ratio of 0.54, compared to 1747267200 on 7126262.