Taseko Mines Ltd [AMEX: TGB] closed the trading session at $1.95.
The stocks have a year to date performance of 0.52 percent and weekly performance of -5.80 percent. The stock has been moved at -1.52 percent over the last six months. The stock has performed -2.50 percent around the most recent 30 days and changed -2.50 percent over the most recent 3-months.
If compared to the average trading volume of 5.02M shares, TGB reached to a volume of 15213086 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $3.08 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 1.00. 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.
National Bank Financial have made an estimate for Taseko Mines Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 10, 2024. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on March 26, 2024, representing the official price target for Taseko Mines Ltd stock.
The Average True Range (ATR) for Taseko Mines Ltd is set at 0.13, with the Price to Sales ratio for TGB stock in the period of the last 12 months amounting to 1.37. The Price to Book ratio for the last quarter was 1.70, with the Price to Cash per share for the same quarter was set at 0.39.
TGB stock trade performance evaluation
Taseko Mines Ltd [TGB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.80. With this latest performance, TGB shares dropped by -2.50% in over the last four-week period, additionally sinking by -1.52% over the last 6 months – not to mention a rise of 21.12% 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 43.84, with the RSI for the last a single of trading hit 40.20, and the three-weeks RSI is set at 45.65 for Taseko Mines Ltd [TGB]. The present Moving Average for the last 50 days of trading for this stock 2.04, while it was recorded at 2.07 for the last single week of trading, and 2.22 for the last 200 days.
Taseko Mines Ltd [TGB]: An insightful look at the core fundamentals
Taseko Mines Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.71.
Earnings per share (EPS) analysis for Taseko Mines Ltd [TGB] stock
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Taseko Mines Ltd go to 58.70%.
Taseko Mines Ltd [TGB]: Institutional Ownership
The top three institutional holders of TGB stocks are: MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with ownership of 10.01 million shares, which is approximately 3.6552%. TOROSO INVESTMENTS, LLC, holding 7.51 million shares of the stock with an approximate value of $$18.4 million in TGB stocks shares; and TOROSO INVESTMENTS, LLC, currently with $$17.74 million in TGB stock with ownership which is approximately 2.6294%.
