Taseko Mines Stock Analysis
TGB Stock | USD 2.06 0.06 3.00% |
Taseko Mines is overvalued with Real Value of 1.86 and Target Price of 1.91. The main objective of Taseko Mines stock analysis is to determine its intrinsic value, which is an estimate of what Taseko Mines is worth, separate from its market price. There are two main types of Taseko Mines' stock analysis: fundamental analysis and technical analysis.
The Taseko Mines stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Taseko Mines' ongoing operational relationships across important fundamental and technical indicators.
Taseko |
Taseko Stock Analysis Notes
About 31.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Taseko Mines had not issued any dividends in recent years. Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company was incorporated in 1966 and is headquartered in Vancouver, Canada. Taseko Mines operates under Copper classification in the United States and is traded on AMEX Exchange. To find out more about Taseko Mines contact Russell Hallbauer at 778 373 4533 or learn more at https://www.tasekomines.com.Taseko Mines Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Taseko Mines' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Taseko Mines or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Taseko Mines previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
22nd of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Taseko Largest EPS Surprises
Earnings surprises can significantly impact Taseko Mines' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2019-02-12 | 2018-12-31 | -0.0081 | -0.01 | -0.0019 | 23 | ||
2024-11-06 | 2024-09-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2024-05-01 | 2024-03-31 | 0.04 | 0.03 | -0.01 | 25 |
Taseko Mines Thematic Classifications
In addition to having Taseko Mines stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Precious MetalsUSA Equities from Precious Metals industry as classified by Fama & French |
Taseko Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 627.18 M.Taseko Profitablity
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.05 | 0.06 | |
Return On Capital Employed | 0.13 | 0.14 | |
Return On Assets | 0.05 | 0.06 | |
Return On Equity | 0.19 | 0.18 |
Management Efficiency
Taseko Mines has Return on Asset of 0.0285 % which means that on every $100 spent on assets, it made $0.0285 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.107 %, implying that it generated $0.107 on every 100 dollars invested. Taseko Mines' management efficiency ratios could be used to measure how well Taseko Mines manages its routine affairs as well as how well it operates its assets and liabilities. At present, Taseko Mines' Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Capital Employed is expected to grow to 0.14, whereas Return On Equity is forecasted to decline to 0.18. At present, Taseko Mines' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.4 B, whereas Other Current Assets are forecasted to decline to about 7.8 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 1.47 | 1.73 | |
Tangible Book Value Per Share | 1.45 | 1.72 | |
Enterprise Value Over EBITDA | 4.65 | 3.94 | |
Price Book Value Ratio | 1.26 | 1.32 | |
Enterprise Value Multiple | 4.65 | 3.94 | |
Price Fair Value | 1.26 | 1.32 | |
Enterprise Value | 1.1 B | 1.1 B |
At Taseko Mines, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Operating Margin 0.1045 | Profit Margin 0.0772 | Beta 1.907 | Return On Assets 0.0285 | Return On Equity 0.107 |
Technical Drivers
As of the 2nd of December, Taseko Mines has the Coefficient Of Variation of 121091.28, semi deviation of 3.59, and Risk Adjusted Performance of 0.0087. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taseko Mines, as well as the relationship between them.Taseko Mines Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Taseko Mines middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Taseko Mines. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Taseko Mines Outstanding Bonds
Taseko Mines issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Taseko Mines uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Taseko bonds can be classified according to their maturity, which is the date when Taseko Mines has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Taseko Mines Predictive Daily Indicators
Taseko Mines intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Taseko Mines stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Taseko Mines Corporate Filings
6K | 19th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 7th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 1st of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 23rd of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 9th of August 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 1st of August 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 31st of July 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 15th of July 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Taseko Mines Forecast Models
Taseko Mines' time-series forecasting models are one of many Taseko Mines' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Taseko Mines' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Taseko Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Taseko Mines prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Taseko shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Taseko Mines. By using and applying Taseko Stock analysis, traders can create a robust methodology for identifying Taseko entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.25 | 0.27 | |
Operating Profit Margin | 0.35 | 0.37 | |
Net Profit Margin | 0.16 | 0.17 | |
Gross Profit Margin | 0.39 | 0.41 |
Current Taseko Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Taseko analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Taseko analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
1.91 | Strong Buy | 7 | Odds |
Most Taseko analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Taseko stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Taseko Mines, talking to its executives and customers, or listening to Taseko conference calls.
Taseko Stock Analysis Indicators
Taseko Mines stock analysis indicators help investors 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 understating and applying Taseko Mines stock analysis, traders can identify Taseko Mines position entry and exit signals to maximize returns.
Begin Period Cash Flow | 120.9 M | |
Long Term Debt | 603.3 M | |
Common Stock Shares Outstanding | 291 M | |
Total Stockholder Equity | 434.1 M | |
Tax Provision | 17.3 M | |
Quarterly Earnings Growth Y O Y | -0.455 | |
Property Plant And Equipment Net | 1.3 B | |
Cash And Short Term Investments | 97.8 M | |
Cash | 96.5 M | |
Accounts Payable | 28.6 M | |
Net Debt | 535.9 M | |
50 Day M A | 2.3194 | |
Total Current Liabilities | 141.2 M | |
Other Operating Expenses | 338.7 M | |
Non Current Assets Total | 1.3 B | |
Forward Price Earnings | 11.5473 | |
Non Currrent Assets Other | 24.2 M | |
Stock Based Compensation | 6.3 M |
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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