Let’s start up with the current stock price of Taseko Mines Limited (TGB), which is $1.35 to be very precise. The Stock rose vividly during the last session to $1.38 after opening rate of $1.30 while the lowest price it went was recorded $1.28 before closing at $1.26.Recently in News on November 3, 2022, TASEKO REPORTS IMPROVED PRODUCTION AND $34 MILLION OF ADJUSTED EBITDA* FOR THIRD QUARTER 2022. This release should be read with the Company’s Financial Statements and Management Discussion & Analysis (“MD&A”), available at www.tasekomines.com and filed on www.sedar.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko’s 75% owned Gibraltar Mine is located north of the City of Williams Lake in south-central British Columbia. Production and sales volumes stated in this release are on a 100% basis unless otherwise indicated.. You can read further details here
Taseko Mines Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.4092 on 04/05/22, with the lowest value was $0.8900 for the same time period, recorded on 07/15/22.
Taseko Mines Limited (TGB) full year performance was -36.92%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Taseko Mines Limited shares are logging -43.96% during the 52-week period from high price, and 51.69% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.89 and $2.41.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1289418 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Taseko Mines Limited (TGB) recorded performance in the market was -34.15%, having the revenues showcasing 17.39% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 402.96M, as it employees total of 207 workers.
Taseko Mines Limited (TGB) in the eye of market guru’s
During the last month, 0 analysts gave the Taseko Mines Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1225, with a change in the price was noted +0.32. In a similar fashion, Taseko Mines Limited posted a movement of +31.07% for the period of last 100 days, recording 1,600,021 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TGB is recording 1.57 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.53.
Taseko Mines Limited (TGB): Stocks Technical analysis and Trends
Raw Stochastic average of Taseko Mines Limited in the period of last 50 days is set at 78.88%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 74.03%. In the last 20 days, the company’s Stochastic %K was 60.06% and its Stochastic %D was recorded 60.54%.
If we look into the earlier routines of Taseko Mines Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -34.15%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -15.09%, alongside a downfall of -36.92% for the period of the last 12 months. The shares increased approximately by -2.88% in the 7-day charts and went down by 28.57% in the period of the last 30 days. Common stock shares were driven by 17.39% during last recorded quarter.