Future Outlook And Stock Price Performance For Taseko Mines Ltd (AMEX: TGB)

In the last trading session, 8.09 million shares of the Taseko Mines Ltd (AMEX:TGB) were traded, and its beta was 1.33. Most recently the company’s share price was $2.91, and it changed around -$0.12 or -3.96% from the last close, which brings the market valuation of the company to $919.21M. TGB currently trades at a discount to its 52-week high of $3.14, offering almost -7.9% off that amount. The share price’s 52-week low was $1.67, which indicates that the current value has risen by an impressive 42.61% since then.

Taseko Mines Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended TGB as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.

Taseko Mines Ltd (AMEX:TGB) trade information

Instantly TGB has showed a red trend with a performance of -3.96% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.12 on recent trading dayincreased the stock’s daily price by 6.73%. The company’s shares are currently up 50.00% year-to-date, but still down -6.13% over the last five days. On the other hand, Taseko Mines Ltd (AMEX:TGB) is 44.78% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $3.75, which translates to bulls needing to increase their stock price by 22.4% from its current value. Analyst projections state that TGB is forecast to be at a low of $3.75 and a high of $3.75.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 27.43%. Taseko Mines Ltd earnings are expected to increase by 0.12% in 2025, but the outlook is positive 61.44% per year for the next five years.

TGB Dividends

Taseko Mines Ltd’s next quarterly earnings report is expected to be released in July.

TOROSO INVESTMENTS, LLC, with 2.7427% or 7.51 million shares worth $18.4 million as of 2024-06-30, holds the second largest percentage of outstanding shares.