The stock price for Taseko Mines Ltd (TGB) currently stands at $3.1. The stock experienced a substantial increase in the last session, hitting $3.96 after starting at $3.1. The stock’s lowest price was $3.96 before closing at $3.36.
Taseko Mines Ltd experienced a somewhat steady performance in the stock market.
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 -15.65% away from its 52-week high, while its distance from the 52-week low is 85.63%. The stock’s price range during this period has spanned from $1.67 to $3.67. In the Basic Materials sector, the Taseko Mines Ltd’s shares surpassed a trading volume of approximately 15.17 million for the day, which was noticeably higher compared to the average daily volume of 9.10.63 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 32.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 979.23M.
A Closer Look at Analysts’ Ratings for Taseko Mines Ltd
As of right now, 4 analysts are rating Taseko Mines Ltd as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 2.55, with a change in price of +1.00. Similarly, Taseko Mines Ltd recorded 12,878,042 in trading volume during the last 100 days, posting a change of +47.62%.
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 1.56. Similarly, the long-term debt-to-equity ratio is also 1.49.
TGB Stock Stochastic Average
Today, Taseko Mines Ltd’s raw stochastic average for the past 50 days stands at 66.47%, indicating a rise from the raw stochastic average of the last 20 days, which was 20.14%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 40.63% and 53.20% respectively.
TGB Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 44.19%. However, over the past six months, we’ve seen a weaker performance of 65.78%. The price of TGB leaped by -1.59% over the last 30 days. And in the last five days, it has fallen by -9.88%.
