Why Should You Invest In Taseko Mines Ltd. (AMEX: TGB)?

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In the latest trading session,, 1.07 million Taseko Mines Ltd. (AMEX:TGB) shares changed hands as the company’s beta touched 1.75. With the company’s most recent per share price at $2.53 changing hands around $0.03 or 1.00% at last look, the market valuation stands at $736.04M. TGB’s current price is a discount, trading about -24.51% off its 52-week high of $3.15. The share price had its 52-week low at $1.05, which suggests the last value was 58.5% up since then. When we look at Taseko Mines Ltd.’s average trading volume, we note the 3-month average coming to 3.61 million.

Taseko Mines Ltd. (AMEX:TGB) trade information

Instantly TGB is in green as seen in intraday trades today. With action 9.31%, the performance over the past five days has been green. The jump to weekly highs of 2.55 added 1.00% to the stock’s daily price. The company’s shares are showing year-to-date upside of 80.36%, with the 5-day performance at 9.31% in the green. However, in the 30-day time frame, Taseko Mines Ltd. (AMEX:TGB) is -14.98% down.

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Taseko Mines Ltd. (TGB) estimates and forecasts

Data shows that the Taseko Mines Ltd. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 82.97% over the past 6 months, a 27.27% in annual growth rate that is considerably higher than the industry average of 13.30%.

The 2024 estimates are for Taseko Mines Ltd. earnings to increase by 50.73%.

TGB Dividends

Taseko Mines Ltd. is expected to release its next quarterly earnings report in July.