Taseko Mines Ltd. [AMEX: TGB] jumped around 0.15 points on Thursday, while shares priced at $2.24 at the close of the session, up 7.18%.
Compared to the average trading volume of 3.33M shares, TGB reached a trading volume of 3804710 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Taseko Mines Ltd. [TGB]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TGB shares is $3.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TGB stock is a recommendation set at 1.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Taseko Mines Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 26, 2024. The new note on the price target was released on April 19, 2022, representing the official price target for Taseko Mines Ltd. stock.
The Average True Range (ATR) for Taseko Mines Ltd. is set at 0.12, with the Price to Sales ratio for TGB stock in the period of the last 12 months amounting to 1.54. The Price to Book ratio for the last quarter was 1.94, with the Price to Cash per share for the same quarter was set at 0.50.
How has TGB stock performed recently?
Taseko Mines Ltd. [TGB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.87. With this latest performance, TGB shares dropped by -2.18% in over the last four-week period, additionally plugging by 50.34% over the last 6 months – not to mention a rise of 70.99% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TGB stock in for the last two-week period is set at 53.87, with the RSI for the last a single of trading hit 61.08, and the three-weeks RSI is set at 50.57 for Taseko Mines Ltd. [TGB]. The present Moving Average for the last 50 days of trading for this stock 2.31, while it was recorded at 2.10 for the last single week of trading, and 1.92 for the last 200 days.
Taseko Mines Ltd. [TGB]: Deeper insight into the fundamentals
Taseko Mines Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.34 and a Current Ratio set at 2.09.
Earnings analysis for Taseko Mines Ltd. [TGB]
With the latest financial reports released by the company, Taseko Mines Ltd. posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TGB.
Insider trade positions for Taseko Mines Ltd. [TGB]
The top three institutional holders of TGB stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TGB stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TGB stock with ownership which is approximately 5.1238%.
