Taseko Mines Stock Price on December 31, 2023
| TGB Stock | USD 2.06 0.06 3.00% |
Below is the normalized historical share price chart for Taseko Mines extending back to March 25, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Taseko Mines stands at 2.06, as last reported on the 2nd of December, with the highest price reaching 2.09 and the lowest price hitting 2.03 during the day.
If you're considering investing in Taseko Stock, it is important to understand the factors that can impact its price. At this point, Taseko Mines is very risky. Taseko Mines owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0323, which indicates the firm had a 0.0323% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Taseko Mines, which you can use to evaluate the volatility of the company. Please validate Taseko Mines' Coefficient Of Variation of 121091.28, semi deviation of 3.59, and Risk Adjusted Performance of 0.0087 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Taseko Mines' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.6 B, whereas Total Stockholder Equity is forecasted to decline to about 257.1 M. . At present, Taseko Mines' Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.32, whereas Price To Sales Ratio is forecasted to decline to 0.99. Taseko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 1994 | 200 Day MA 2.2663 | 50 Day MA 2.3194 | Beta 1.907 |
Taseko |
Sharpe Ratio = 0.0323
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Taseko Mines is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Taseko Mines by adding it to a well-diversified portfolio.
Price Book 1.8272 | Enterprise Value Ebitda 6.5123 | Price Sales 1.0559 | Shares Float 286.7 M | Wall Street Target Price 5.203 |
Taseko Mines Valuation on December 31, 2023
It is possible to determine the worth of Taseko Mines on a given historical date. On December 31, 2023 Taseko was worth 1.47 at the beginning of the trading date compared to the closed value of 1.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taseko Mines stock. Still, in general, we apply an absolute valuation method to find Taseko Mines' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Taseko Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taseko Mines' related companies.
| Open | High | Low | Close | Volume | |
| 1.48 | 1.50 | 1.44 | 1.46 | 1,217,058 | |
12/29/2023 | 1.47 | 1.47 | 1.40 | 1.40 | 1,756,424 |
| 1.39 | 1.43 | 1.38 | 1.38 | 645,610 |
| Backtest Taseko Mines | | | Taseko Mines History | | | Taseko Mines Valuation | Previous | Next |
Taseko Mines Trading Date Momentum on December 31, 2023
| On January 02 2024 Taseko Mines was traded for 1.38 at the closing time. Highest Taseko Mines's price during the trading hours was 1.43 and the lowest price during the day was 1.38 . The net volume was 645.6 K. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.43% . The trading price change to current price is 2.14% . |
Taseko Mines Fundamentals Correlations and Trends
By evaluating Taseko Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taseko Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taseko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Taseko Mines Stock history
Taseko Mines investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Taseko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taseko Mines will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Taseko Mines stock prices may prove useful in developing a viable investing in Taseko Mines
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 291 M | 305.5 M | |
| Net Loss | -23.4 M | -22.2 M |
Taseko Mines Quarterly Net Working Capital |
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Taseko Mines Stock Technical Analysis
Taseko Mines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Taseko Mines Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Taseko Mines cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Taseko Mines December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Taseko Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taseko Mines shares will generate the highest return on investment. By undertsting and applying Taseko Mines stock market strength indicators, traders can identify Taseko Mines entry and exit signals to maximize returns
Taseko Mines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Taseko Mines' price direction in advance. Along with the technical and fundamental analysis of Taseko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taseko to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for Taseko Stock analysis
When running Taseko Mines' price analysis, check to measure Taseko Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taseko Mines is operating at the current time. Most of Taseko Mines' value examination focuses on studying past and present price action to predict the probability of Taseko Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taseko Mines' price. Additionally, you may evaluate how the addition of Taseko Mines to your portfolios can decrease your overall portfolio volatility.
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