Taseko Mines Ltd. (TGB): Uncovering A True Diamond In The Rough

Taseko Mines Ltd. (AMEX:TGB) currently has a daily average trading volume of 3.43M but it saw 3968404 shares traded in last market. With a market cap of 626.73M USD, the company’s current market price of $2.15 came rising about 2.87 while comparing to the previous closing price of $2.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.15 and as low as $1.05.

Taking a look at 20-day trading activity of Taseko Mines Ltd. (TGB) gives us an average price of $2.39, while its current price level is -31.75% below from 52-week high level whereas it is 104.76% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.53 while that of 200 days or SMA-200 reads an average of $1.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.22% during that period while stretching the period over a month that decreases to 4.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.23 which implies that the stock is in neutral territory.

Over the week, TGB’s stock price is moving -3.15% down while it is -15.02% when we observe its performance for the past one month. Year-to-date it is 53.57% up and over the past year, the stock is showing an upside performance of 47.26%.

Currently, Taseko Mines Ltd.’s total number of outstanding shares is 290.00M. Company’s return on investment (ROI) stands at 8.91% and return on equity (ROE) at 23.48%. It has a price to earnings ratio (P/E ratio) of 8.74 while having a 8.80 of forward P/E ratio. Stock’s beta reads 1.77. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 1.52. Its return on asset (ROA) is 6.00% on average.