Taseko Mines Stock Buy Hold or Sell Recommendation
| TGB Stock | USD 2.06 0.06 3.00% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Taseko Mines is 'Strong Sell'. Macroaxis provides Taseko Mines buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TGB positions.
Check out Taseko Mines Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide. In addition, we conduct extensive research on individual companies such as Taseko and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Taseko Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Taseko |
Execute Taseko Mines Buy or Sell Advice
The Taseko recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Taseko Mines. Macroaxis does not own or have any residual interests in Taseko Mines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Taseko Mines' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Taseko Mines Trading Alerts and Improvement Suggestions
| Taseko Mines had very high historical volatility over the last 90 days | |
| Latest headline from finance.yahoo.com: Taseko Mines Shareholders May Want To Dig Deeper Than Statutory Profit |
Taseko Mines Returns Distribution Density
The distribution of Taseko Mines' historical returns is an attempt to chart the uncertainty of Taseko Mines' future price movements. The chart of the probability distribution of Taseko Mines daily returns describes the distribution of returns around its average expected value. We use Taseko Mines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Taseko Mines returns is essential to provide solid investment advice for Taseko Mines.
| Mean Return | 0 | Value At Risk | -5.28 | Potential Upside | 5.66 | Standard Deviation | 3.93 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Taseko Mines historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Taseko Mines Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.5M | 31.9M | 151.7M | (115.9M) | (24.4M) | (23.2M) | |
| Free Cash Flow | (8.1M) | 40.7M | 87.0M | 1.6M | 33.2M | 34.8M | |
| Other Non Cash Items | 34.5M | 47.8M | 43.9M | 49.7M | 3.8M | 3.6M | |
| Capital Expenditures | 50.8M | 65.5M | 87.7M | 79.7M | 117.9M | 123.8M | |
| Net Income | (53.4M) | (23.5M) | 36.5M | (26.0M) | 82.7M | 86.9M | |
| End Period Cash Flow | 53.2M | 85.1M | 236.8M | 120.9M | 96.5M | 74.0M | |
| Change To Inventory | (4.6M) | (11.3M) | (16.7M) | (14.0M) | (24.0M) | (22.8M) | |
| Depreciation | 97.4M | 89.0M | 86.3M | 52.0M | 59.3M | 33.4M | |
| Investments | (16.9M) | (59.6M) | (147.7M) | (166.4M) | (146.0M) | (138.7M) | |
| Net Borrowings | 15.1M | (14.4M) | 150.4M | 5.3M | 6.1M | 4.4M | |
| Change To Netincome | (8.7M) | 37.2M | 103.3M | 60.3M | 69.4M | 72.9M |
Taseko Mines Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Taseko Mines or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Taseko Mines' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Taseko stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 3.67 | |
Ir | Information ratio | -0.03 |
Taseko Mines Volatility Alert
Taseko Mines shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Taseko Mines' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Taseko Mines' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Taseko Mines Fundamentals Vs Peers
Comparing Taseko Mines' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Taseko Mines' direct or indirect competition across all of the common fundamentals between Taseko Mines and the related equities. This way, we can detect undervalued stocks with similar characteristics as Taseko Mines or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Taseko Mines' fundamental indicators could also be used in its relative valuation, which is a method of valuing Taseko Mines by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Taseko Mines to competition |
| Fundamentals | Taseko Mines | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0285 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 1 B | 16.62 B |
| Shares Outstanding | 304.45 M | 571.82 M |
| Shares Owned By Insiders | 2.54 % | 10.09 % |
| Shares Owned By Institutions | 30.76 % | 39.21 % |
| Number Of Shares Shorted | 10.14 M | 4.71 M |
| Price To Earning | 12.40 X | 28.72 X |
| Price To Book | 1.83 X | 9.51 X |
| Price To Sales | 1.06 X | 11.42 X |
| Revenue | 524.97 M | 9.43 B |
| Gross Profit | 106.22 M | 27.38 B |
| EBITDA | 233.23 M | 3.9 B |
| Net Income | 82.73 M | 570.98 M |
| Cash And Equivalents | 120.86 M | 2.7 B |
| Cash Per Share | 0.62 X | 5.01 X |
| Total Debt | 632.38 M | 5.32 B |
| Debt To Equity | 1.46 % | 48.70 % |
| Current Ratio | 2.41 X | 2.16 X |
| Book Value Per Share | 1.63 X | 1.93 K |
| Cash Flow From Operations | 151.09 M | 971.22 M |
| Short Ratio | 1.89 X | 4.00 X |
| Earnings Per Share | 0.11 X | 3.12 X |
| Target Price | 5.2 | |
| Beta | 1.91 | -0.15 |
| Market Capitalization | 627.18 M | 19.03 B |
| Total Asset | 1.57 B | 29.47 B |
| Retained Earnings | (123.38 M) | 9.33 B |
| Working Capital | 108.27 M | 1.48 B |
| Current Asset | 133.06 M | 9.34 B |
| Current Liabilities | 95.45 M | 7.9 B |
Taseko Mines Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Taseko . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Taseko Mines Buy or Sell Advice
When is the right time to buy or sell Taseko Mines? Buying financial instruments such as Taseko Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Taseko Mines in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Diversified Assets Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Taseko Mines Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 0.11 | Revenue Per Share 2.037 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0285 |
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.