Taseko Mines (TGB) Stock Price, News & Analysis

Company Overview

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona. Taseko Mines Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $2.57 to $2.65
• 50-Day Range: $1.89 to $2.63
• 52-Week Range: $1.05 to $3.15
• Volume: 3.33 million shs
• Average Volume: 2.74 million shs
• Market Capitalization: $762.61 million
• P/E Ratio: 10.83
• Dividend Yield: N/A
• Price Target: $3.50
• Consensus Rating: Buy

Taseko Mines Stock Analysis - MarketRank™

Taseko Mines scored higher than 60% of companies evaluated by MarketBeat, and ranked 103rd out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Taseko Mines has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Taseko Mines has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.56%

Earnings Growth

Earnings for Taseko Mines are expected to grow by 5.56% in the coming year, from $0.18 to $0.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Taseko Mines is 10.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Taseko Mines is 10.83, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 129.32.

Price to Book Value per Share Ratio

Taseko Mines has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TGB.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Taseko Mines does not currently pay a dividend.

Dividend Growth

Taseko Mines does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TGB.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.73

News Sentiment

Taseko Mines has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Taseko Mines this week, compared to 2 articles on an average week.

Search Interest

Only 8 people have searched for TGB on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Taseko Mines insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.30% of the stock of Taseko Mines is held by insiders.

Percentage Held by Institutions

Only 17.94% of the stock of Taseko Mines is held by institutions.

TGB Stock Analysis - Frequently Asked Questions

How have TGB shares performed this year?

Taseko Mines' stock was trading at $1.40 at the beginning of 2024. Since then, TGB stock has increased by 85.7% and is now trading at $2.60.
View the best growth stocks for 2024 here.

How were Taseko Mines' earnings last quarter?

Taseko Mines Limited (NYSE:TGB) announced its quarterly earnings data on Wednesday, July, 31st. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.10. The company had revenue of $100.66 million for the quarter, compared to the consensus estimate of $88.01 million. Taseko Mines had a net margin of 13.07% and a trailing twelve-month return on equity of 18.82%.

Who are Taseko Mines' major shareholders?

Top institutional investors of Taseko Mines include Renaissance Technologies LLC (2.02%), Diamond Hill Capital Management Inc. (1.13%), CM Management LLC (0.84%) and Mackenzie Financial Corp (0.75%).

How do I buy shares of Taseko Mines?

Shares of TGB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/31/2024
• Today: 9/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:TGB
• CUSIP: N/A
• CIK: 878518
• Web: www.tasekomines.com
• Phone: 778-373-4533
• Fax: 778-373-4534
• Employees: 696
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.50
• High Stock Price Target: $3.50
• Low Stock Price Target: $3.50
• Potential Upside/Downside: +34.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.24
• Trailing P/E Ratio: 10.83
• Forward P/E Ratio: 14.44
• P/E Growth: N/A
• Net Income: $61.28 million
• Net Margins: 13.07%
• Pretax Margin: 24.58%
• Return on Equity: 18.82%
• Return on Assets: 4.78%

Debt

• Debt-to-Equity Ratio: 1.57
• Current Ratio: 2.09
• Quick Ratio: 1.34

Sales & Book Value

• Annual Sales: $388.86 million
• Price / Sales: 1.96
• Cash Flow: $0.26 per share
• Price / Cash Flow: 10.15
• Book Value: $1.11 per share
• Price / Book: 2.34

Miscellaneous

• Outstanding Shares: 293,310,000
• Free Float: 285,654,000
• Market Cap: $762.61 million
• Optionable: Optionable
• Beta: 1.74