Why Invest In Taseko Mines Ltd. (TGB) Stock?

Taseko Mines Ltd. (AMEX:TGB) has a beta value of 1.91 and has seen 3.56 million shares traded in the last trading session. The company, currently valued at $773.26M, closed the last trade at $2.66 per share which meant it gained $0.06 on the day or 2.31% during that session. The TGB stock price is 1.88% off its 52-week high price of $2.61 and 60.53% above the 52-week low of $1.05. The 3-month trading volume is 2.35 million shares.

Taseko Mines Ltd. (AMEX:TGB) trade information

Sporting 2.31% in the green in last session, the stock has traded in the green over the last five days, when the TGB stock price touched $2.66 or saw a rise of 1.85%. Year-to-date, Taseko Mines Ltd. shares have moved 90.00%, while the 5-day performance has seen it change 12.24%. Over the past 30 days, the shares of Taseko Mines Ltd. (AMEX:TGB) have changed 22.58%.

Taseko Mines Ltd. (TGB) estimates and forecasts

Figures show that Taseko Mines Ltd. shares have outperformed across the wider relevant industry. The company’s shares have gained 148.60% over the past 6 months, with this year growth rate of 45.45%, compared to 18.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 50.00% and 400.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 5.90%.

2 analysts offering their estimates for the company have set an average revenue estimate of $93.62 million for the current quarter. 1 have an estimated revenue figure of $99.46 million for the next quarter concluding in Jun 2024.

TGB Dividends

Taseko Mines Ltd. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.