Stocks of Taseko Mines Ltd. (AMEX:TGB) traded higher last session on Wall Street, up 0.80% to $2.51.
TGB stock price is now 41.79% away from the 50-day moving average and 75.26% away from the 200-day moving average. The market capitalization of the company currently stands at $729.66M.
, while ‘TD Securities’ rates the stock as ‘Buy’
A total of 2.83% of the company’s stock is owned by insiders.
During the past 12 months, Taseko Mines Ltd. has had a low of $1.05 and a high of $2.58. As of last week, the company has a debt-to-equity ratio of 1.47, a current ratio of 1.77, and a quick ratio of 0.90. The fifty day moving average price for TGB is $1.7892 and a two-hundred day moving average price translates $1.4377 for the stock.
The latest earnings results from Taseko Mines Ltd. (AMEX: TGB) was released for Dec, 2023. According to the Copper Company, earnings per share came in at $0.06, inline with analysts’ expectations of $0.06. This compares to -$0.01 EPS in the same period last year. The net profit margin was 15.65% and return on equity was 20.56% for TGB. The company reported revenue of $113.06 million for the quarter, compared to $74.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 52.58 percent. For the current quarter, analysts expect TGB to generate $94.38M in revenue.
Taseko Mines Ltd.(TGB) Company Profile
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.
