During the recent session, Taseko Mines Ltd (AMEX:TGB)’s traded shares were 1.33 million, with the beta value of the company hitting 1.53. At the last check today, the stock’s price was $2.09, reflecting an intraday loss of -0.29% or -$0.01. The 52-week high for the TGB share is $3.15, that puts it down -50.72 from that peak though still a striking 23.44% gain since the share price plummeted to a 52-week low of $1.60. The company’s market capitalization is $650.26M, and the average trade volume was 4.86 million shares over the past three months.
Taseko Mines Ltd (TGB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. TGB has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.
Taseko Mines Ltd (AMEX:TGB) trade information
Taseko Mines Ltd (TGB) registered a -0.29% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.29% in intraday trading to $2.09, hitting a weekly high. The stock’s 5-day price performance is 0.67%, and it has moved by 5.75% in 30 days. Based on these gigs, the overall price performance for the year is 39.59%.
The consensus price target of analysts on Wall Street is $3.75, which implies an increase of 44.27% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.75 and $3.75 respectively. As a result, TGB is trading at a discount of -79.43% off the target high and -79.43% off the low.
Taseko Mines Ltd (TGB) estimates and forecasts
In the rating firms’ projections, revenue will increase 22.07% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 141.07M as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 160.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 146.95M and 137.73M respectively. In this case, analysts expect current quarter sales to shrink by -4.00% and then jump by 16.82% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 27.43%. While earnings are projected to return 27.37% in 2025, the next five years will return 58.70% per annum.
TGB Dividends
Taseko Mines Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Taseko Mines Ltd (AMEX:TGB)’s Major holders
The next largest institutional holding, with 7.51 million shares, is of TOROSO INVESTMENTS, LLC’s that is approximately 2.7427% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $18.4 million.
Also, the Mutual Funds coming in first place with the largest holdings of Taseko Mines Ltd (TGB) shares are Amplify ETF Tr-Amplify Junior Silver Miners ETF and Global X Fds-Global X Copper Miners ETF. Data provided on Sep 30, 2024 indicates that Amplify ETF Tr-Amplify Junior Silver Miners ETF owns about 13.58 shares. This amounts to just over 4.37 percent of the company’s overall shares, with a $27.9 million market value. The same data shows that the other fund manager holds slightly less at 10.12, or about 3.26% of the stock, which is worth about $20.79 million.
