Taseko Mines Ltd.: Navigating Market Fluctuations with a 796.52M Market Cap

Taseko Mines Ltd. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $2.71 on 05/14/24, while the lowest price for the same duration was marked at $1.05 on 10/31/23.

52-week price history of TGB Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Taseko Mines Ltd.’s current trading price is 1.11% away from its 52-week high, while its distance from the 52-week low is 160.95%. The stock’s price range during this period has spanned from $1.05 to $2.71. In the Basic Materials sector, the Taseko Mines Ltd.’s shares surpassed a trading volume of approximately 3.77 million for the day, which was noticeably higher compared to the average daily volume of 9.2.6 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Taseko Mines Ltd. (TGB) has experienced a quarterly rise of 97.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 796.52M and boasts a workforce of 797 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.85, with a change in price of +1.30. Similarly, Taseko Mines Ltd. recorded 2,080,032 in trading volume during the last 100 days, posting a change of +90.28%.

Examining TGB’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TGB stands at 1.40. Similarly, the long-term debt-to-equity ratio is also 1.34.

TGB Stock Stochastic Average

Today, Taseko Mines Ltd.’s raw stochastic average for the past 50 days stands at 100.00%, indicating a rise from the raw stochastic average of the last 20 days, which was 100.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 77.78% and 67.90% respectively.

TGB Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 95.71% this year. Over the last six months, there has been a weaker performance of 140.35%. The price of TGB fallen by 12.30% during the last 30 days period. For the last 5-days stocks have improved 8.30%.

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