Taseko Mines Stock Today
| TGB Stock | USD 2.49 0.04 1.63% |
Performance23 of 100
| Odds Of DistressLess than 3
|
Taseko Mines is trading at 2.49 as of the 19th of April 2024, a 1.63 percent up since the beginning of the trading day. The stock's open price was 2.45. Taseko Mines has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Taseko Mines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 2nd of June 1994 | Category Basic Materials |
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. The company has 290.7 M outstanding shares of which 4.87 M shares are at this time shorted by investors with about 1.18 days to cover. More on Taseko Mines
Moving together with Taseko Stock
| 0.93 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.97 | KALU | Kaiser Aluminum Earnings Call This Week | PairCorr |
| 0.96 | CENX | Century Aluminum Financial Report 13th of May 2024 | PairCorr |
| 0.91 | CSTM | Constellium Nv Earnings Call This Week | PairCorr |
| 0.92 | AG | First Majestic Silver Financial Report 2nd of May 2024 | PairCorr |
| 0.9 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
Moving against Taseko Stock
| 0.86 | NC | NACCO Industries | PairCorr |
| 0.82 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.81 | VALE | Vale SA ADR Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Taseko Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Taseko Mines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Taseko Mines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Russell Hallbauer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Precious Metals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Precious Metals, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Taseko Mines report their recommendations after researching Taseko Mines' financial statements, talking to executives and customers, or listening in on Taseko Mines' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Taseko Mines. The Taseko consensus assessment is calculated by taking the average forecast from all of the analysts covering Taseko Mines. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Taseko Mines' liquidity, profitability, solvency, and operating efficiency, Taseko Mines is doing better financially then in previous quarter. It has a moderate likelihood of reporting better financial numbers in May. Financial strength of Taseko Mines is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Taseko Mines' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Taseko Mines' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Taseko Mines' financial leverage. It provides some insight into what part of Taseko Mines' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Taseko Mines (TGB) is traded on NYSE MKT Exchange in USA. It is located in 1040 West Georgia Street, Vancouver, BC, Canada, V6E 4H1 and employs 36 people. Taseko Mines is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 724.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taseko Mines's market, we take the total number of its shares issued and multiply it by Taseko Mines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Taseko Mines runs under Metals & Mining sector within Materials industry. The entity has 290.7 M outstanding shares of which 4.87 M shares are at this time shorted by investors with about 1.18 days to cover.
Taseko Mines has about 120.86 M in cash with 103.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check Taseko Mines Probability Of Bankruptcy
Ownership AllocationTaseko Mines shows a total of 290.7 Million outstanding shares. Taseko Mines has 3.08 % of its outstanding shares held by insiders and 20.21 % owned by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Taseko Ownership Details
Taseko Stock Price Odds Analysis
What are Taseko Mines' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Taseko Mines jumping above the current price in 90 days from now is nearly 4.17%. The Taseko Mines probability density function shows the probability of Taseko Mines stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.3129. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Taseko Mines will likely underperform. Additionally, taseko Mines has an alpha of 0.7901, implying that it can generate a 0.79 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Taseko Mines to move above the current price in 90 days from now is nearly 4.17 (This Taseko Mines probability density function shows the probability of Taseko Stock to fall within a particular range of prices over 90 days) .
Taseko Mines Historical Income Statement
Taseko Mines Income Statement is one of the three primary financial statements used for reporting Taseko's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Taseko Mines revenue and expense. Taseko Mines Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Taseko Mines' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 551.4 M, whereas Depreciation And Amortization is forecasted to decline to about 31.6 M. View More FundamentalsTaseko Stock Against Markets
Picking the right benchmark for Taseko Mines stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Taseko Mines stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Taseko Mines is critical whether you are bullish or bearish towards Taseko Mines at a given time. Please also check how Taseko Mines' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Taseko Mines without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run ETFs Now
ETFsFind actively traded Exchange Traded Funds (ETF) from around the world |
| All Next | Launch Module |
Taseko Mines Corporate Directors
Taseko Mines corporate directors refer to members of a Taseko Mines board of directors. The board of directors generally takes responsibility for the Taseko Mines' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Taseko Mines' board members must vote for the resolution. The Taseko Mines board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Anu Dhir | Independent Director | Profile | |
| Alexander Morrison | Lead Director, Independent Director | Profile | |
| Randy Davenport | Director | Profile | |
| Alex Morrison | Independent Director | Profile |
How to buy Taseko Stock?
Before investing in Taseko Mines, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Taseko Mines. To buy Taseko Mines stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Taseko Mines. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Taseko Mines stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Taseko Mines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Taseko Mines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Taseko Mines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Taseko Stock please use our How to Invest in Taseko Mines guide.
Already Invested in Taseko Mines?
The danger of trading Taseko Mines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Taseko Mines is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Taseko Mines. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Taseko Mines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.Note that the Taseko Mines information on this page should be used as a complementary analysis to other Taseko Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Taseko Mines' industry 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 (0.14) | Earnings Share 0.2 | Revenue Per Share 1.819 | Quarterly Revenue Growth 0.528 | Return On Assets 0.0528 |
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.