Investors Are Waking Up To Taseko Mines Ltd (AMEX: TGB) After Losing -14.75% Over The Past 12 Months

Taseko Mines Ltd (AMEX:TGB) currently has a daily average trading volume of 11.04M but it saw 14106465 shares traded in last market. With a market cap of 657.03M USD, the company’s current market price of $2.08 came falling about -0.48 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 $1.67. In the recent trading on the day, stock has struck highest price mark of $2.01 while lowest mark touched by it was $2.1.

Taking a look at 20-day trading activity of Taseko Mines Ltd (TGB) gives us an average price of $2.16, while its current price level is -33.97% below from 52-week high level whereas it is 24.55% 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 $2.15 while that of 200 days or SMA-200 reads an average of $2.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.93% during that period while stretching the period over a month that increases to 6.75%. 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 48.78 which implies that the stock is in neutral territory.

Over the week, TGB’s stock price is moving 6.12% up while it is -12.97% when we observe its performance for the past one month. Year-to-date it is 7.22% up and over the past year, the stock is showing a downside performance of -14.75%.

Currently, Taseko Mines Ltd’s total number of outstanding shares is 315.88M with 2.57% of that held by the insiders while 28.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.05% and return on equity (ROE) at -2.74%. It has a 7.10 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 1.81 while price to sale or P/S ratio amounts to 1.49. Its return on asset (ROA) is -0.68% on average.