Taseko Mines Ltd (AMEX:TGB) has a beta value of 1.35 and has seen 6.04 million shares traded in the last trading session. The company, currently valued at $912.89M, closed the last trade at $2.89 per share which meant it gained $0.01 on the day or 0.35% during that session. The TGB stock price is -8.65% off its 52-week high price of $3.14 and 42.21% 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 12.38 million shares traded. The 3-month trading volume is 13.88 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.
Taseko Mines Ltd (AMEX:TGB) trade information
Sporting 0.35% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TGB stock price touched $2.89 or saw a rise of 4.3%. Year-to-date, Taseko Mines Ltd shares have moved 11.58%, while the 5-day performance has seen it change -0.69%. Over the past 30 days, the shares of Taseko Mines Ltd (AMEX:TGB) have changed 39.61%. Short interest in the company has seen 7.13 million shares shorted with days to cover at 0.81.
Wall Street analysts have a consensus price target for the stock at $3.75, which means that the shares’ value could jump 22.93% from current levels. 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 current price level is -29.76% off the targeted high while a plunge would see the stock gain -29.76% from current levels.
Taseko Mines Ltd (TGB) estimates and forecasts
The company’s shares have gained 50.52% over the past 6 months.
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 0.03% while over the next 5 years, the company’s earnings are expected to increase by 61.33%.
TGB Dividends
Taseko Mines Ltd is expected to release its next earnings report on 2025-May-01 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 2.32% of the company shares, while shares held by institutions stand at 34.48% with a share float percentage of 35.29%. Investors are also buoyed by the number of investors in a company, with Taseko Mines Ltd having a total of 183.0 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.
