Taseko Mines Ltd (AMEX:TGB) has a beta value of 1.41 and has seen 2.04 million shares traded in the recent trading session. The company, currently valued at $662.81M, closed the recent trade at $2.10 per share which meant it gained $0.06 on the day or 2.86% during that session. The TGB stock price is -50.0% off its 52-week high price of $3.15 and 20.48% above the 52-week low of $1.67. If we look at the company’s 10-day average daily trading volume, we find that it stood at 19.23 million shares traded. The 3-month trading volume is 11.54 million shares.
The consensus among analysts is that Taseko Mines Ltd (TGB) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.01.
Taseko Mines Ltd (AMEX:TGB) trade information
Sporting 2.86% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TGB stock price touched $2.10 or saw a rise of 3.23%. Year-to-date, Taseko Mines Ltd shares have moved 8.16%, while the 5-day performance has seen it change 0.40%. Over the past 30 days, the shares of Taseko Mines Ltd (AMEX:TGB) have changed -11.84%. Short interest in the company has seen 2.16 million shares shorted with days to cover at 0.15.
Wall Street analysts have a consensus price target for the stock at $3.75, which means that the shares’ value could jump 44.0% from the levels at last check today.. The projected low price target is $3.75 while the price target rests at a high of $3.75. In that case, then, we find that the latest price level in today’s session is -78.57% off the targeted high while a plunge would see the stock gain -78.57% from the levels at last check today..
Taseko Mines Ltd (TGB) estimates and forecasts
The company’s shares have lost -11.46% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 18.24%.
3 analysts offering their estimates for the company have set an average revenue estimate of 132.71M for the current quarter. 2 have an estimated revenue figure of 160.9M for the next ending quarter. Year-ago sales stood 146.95M and 137.73M respectively for this quarter and the next, and analysts expect sales will shrink by -9.69% for the current quarter and 18.24% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 27.43% over the past 5 years. Earnings growth for 2025 is a modest 30.35% while over the next 5 years, the company’s earnings are expected to increase by 60.94%.
TGB Dividends
Taseko Mines Ltd is expected to release its next earnings report on 2025-Feb-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Taseko Mines Ltd (AMEX:TGB)’s Major holders
Insiders own 2.57% of the company shares, while shares held by institutions stand at 28.51% with a share float percentage of 29.26%. Investors are also buoyed by the number of investors in a company, with Taseko Mines Ltd having a total of 186.0 institutions that hold shares in the company. The top two institutional holders are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with over 10.01 million shares worth more than $24.62 million. As of 2024-06-30, MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. held 3.6552% of shares outstanding.
The other major institutional holder is TOROSO INVESTMENTS, LLC, with the holding of over 7.51 million shares as of 2024-06-30. The firm’s total holdings are worth over $18.4 million and represent 2.7427% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GLOBAL X FUNDS-Global X Copper Miners ETF and iShares Trust-iShares U.S. Infrastructure ETF . As of Mar 31, 2025 , the former fund manager holds about 3.25% shares in the company for having 10.27 shares of worth $21.92 million while later fund manager owns 6.02 shares of worth $12.85 million as of Mar 31, 2025 , which makes it owner of about 1.91% of company’s outstanding stock.
