Taseko Mines Ltd (AMEX:TGB)’s traded shares stood at 3.6 million during the latest session, with the company’s beta value hitting 1.60. At the last check today, the stock’s price was $2.12, to imply a decrease of -5.78% or -$0.13 in intraday trading. The TGB share’s 52-week high remains $3.15, putting it -48.58% down since that peak but still an impressive 30.66% since price per share fell to its 52-week low of $1.47.
Analysts have given a consensus recommendation of Buy for Taseko Mines Ltd (TGB), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give TGB a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.01.
Taseko Mines Ltd (AMEX:TGB) trade information
After registering a -5.78% downside in the latest session, Taseko Mines Ltd (TGB) has traded red over the past five days. The 5-day price performance for the stock is -5.36%, and 13.37% over 30 days. With these gigs, the year-to-date price performance is 9.28%.
The extremes give us $3.75 and $3.75 for target low and target high price respectively. As such, TGB has been trading -76.89% off suggested target high and -76.89% from its likely low.
Taseko Mines Ltd (TGB) estimates and forecasts
The rating firms project that company’s revenue will grow 22.07% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 141.07M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 160.9M.Earnings reports from the last fiscal year show that sales brought in 146.95M and 137.73M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -4.00% before jumping 16.82% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 27.43% for the past 5-year period. While 2025 is set for a 27.85% return in earnings, projections for the next 5 years are at 58.70% annually.
TGB Dividends
Taseko Mines Ltd has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is TOROSO INVESTMENTS, LLC with 7.51 million shares, or about 2.7427% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $18.4 million.
We also have Amplify ETF Tr-Amplify Junior Silver Miners ETF and Global X Fds-Global X Copper Miners ETF as the top two Mutual Funds with the largest holdings of the Taseko Mines Ltd (TGB) shares. Going by data provided on Sep 30, 2024 , Amplify ETF Tr-Amplify Junior Silver Miners ETF holds roughly 13.58 shares. This is just over 4.46% of the total shares, with a market valuation of $28.79 million. Data from the same date shows that the other fund manager holds a little less at 9.72, or 3.19% of the shares, all valued at about 20.61 million.
