In today’s recent session, 1.9 million shares of the Taseko Mines Ltd. (AMEX:TGB) have been traded, and its beta is 1.88. Most recently the company’s share price was $2.38, and it changed around -$0.08 or -3.05% from the last close, which brings the market valuation of the company to $693.32M. TGB at last check was trading at a discount to its 52-week high of $2.61, offering almost -9.66% off that amount. The share price’s 52-week low was $1.05, which indicates that the recent value has risen by an impressive 55.88% since then. We note from Taseko Mines Ltd.’s average daily trading volume that its 3-month average coming to 2.28 million.
Taseko Mines Ltd. stock received a consensus recommendation rating of Hold, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended TGB as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Taseko Mines Ltd. is expected to report earnings per share of $0.03 for the current quarter.
Taseko Mines Ltd. (AMEX:TGB) trade information
Instantly TGB has been showing red trend so far today with a performance of -3.05% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 70.36% year-to-date, but still down -2.25% over the last five days. On the other hand, Taseko Mines Ltd. (AMEX:TGB) is 19.25% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $3.75, which translates to bulls needing to increase their stock price by 36.53% from its current value. Analyst projections state that TGB is forecast to be at a low of $3.75 and a high of $3.75.
Taseko Mines Ltd. (TGB) estimates and forecasts
Taseko Mines Ltd. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 111.06 percent over the past six months and at a 72.73% annual growth rate that is well above the industry average of 17.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 50.00% in revenue this quarter, and will report an increase of 400.00% in the next quarter. The year-over-year growth rate is expected to be 5.90%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $92.82 million in revenue for the current quarter. 1 analysts expect Taseko Mines Ltd. to make $98.61 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $87.74 million and -$ respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.80%.
