Taseko Mines (TGB) Stock Price, News & Analysis

Company Overview

Taseko Mines Limited is a Canadian mining company engaged in the acquisition, development, and operation of copper and other mineral properties. The company is headquartered in Vancouver, British Columbia, and its shares trade on the Toronto Stock Exchange under the symbol TKO and on the NYSE American under the symbol TGB.

Taseko’s principal asset is the Gibraltar Mine in central British Columbia, one of Canada’s largest open-pit copper and molybdenum mines. The operation produces copper concentrate, with molybdenum as a byproduct, and has been in production since the 1970s. Taseko holds a majority interest in Gibraltar, which it operates in partnership with Sojitz Corporation.

The company also owns and develops the Florence Copper project in Arizona, an in-situ copper recovery operation designed to produce copper cathode, as well as the Yellowhead copper project in British Columbia. These projects provide Taseko with additional development opportunities in Western Canada and the United States. Stuart McDonald serves as the company’s president and chief executive officer.

Key Stats

• Today's Range: $8.54 to $9.01
• 50-Day Range: $6.97 to $9.68
• 52-Week Range: $3.66 to $9.82
• Volume: 3.64 million shs
• Average Volume: 5.10 million shs
• Market Capitalization: $3.24 billion
• P/E Ratio: 442.72
• Dividend Yield: N/A
• Price Target: $9.00
• Consensus Rating: Moderate Buy

Taseko Mines Stock Analysis - MarketRank™

Taseko Mines scored higher than 33% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Taseko Mines has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on no strong buy ratings, 5 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Taseko Mines is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Taseko Mines has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 158.82%

Earnings Growth

Earnings for Taseko Mines are expected to grow by 158.82% in the coming year, from $0.34 to $0.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Taseko Mines is 442.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Taseko Mines is 442.72, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 24.42.

Price to Book Value per Share Ratio

Taseko Mines has a P/B Ratio of 5.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.47% of the float of Taseko Mines has been sold short.

Short Interest Ratio / Days to Cover

Taseko Mines has a short interest ratio ("days to cover") of 1.54, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Taseko Mines has recently increased by 16.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Taseko Mines does not currently pay a dividend.

Dividend Growth

Taseko Mines does not have a long track record of dividend growth.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.41

News Sentiment

Taseko Mines has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Taseko Mines this week, compared to 1 article on an average week.

Search Interest

Only 11 people have searched for TGB on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Taseko Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Taseko Mines insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.30% of the stock of Taseko Mines is held by insiders.

Percentage Held by Institutions

17.94% of the stock of Taseko Mines is held by institutions.

Company Calendar

• Last Earnings: 11/06/2024
• Today: 10/10/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Copper
• Current Symbol: NYSEAMERICAN:TGB
• Previous Symbol: NYSE:TGB
• CIK: 878518
• Web: www.trekormetals.com
• Phone: 778-373-4533
• Fax: 778-373-4534
• Employees: 961
• Year Founded: 1966

Price Target and Rating

• Average Price Target for Taseko Mines: $9.00
• High Price Target: $9.00
• Low Price Target: $9.00
• Potential Upside/Downside: +1.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.07)
• Trailing P/E Ratio: 442.72
• Forward P/E Ratio: 26.03
• P/E Growth: N/A
• Net Income: -$21.52 million
• Net Margins: 1.59%
• Pretax Margin: 6.76%
• Return on Equity: 15.33%
• Return on Assets: 4.58%

Debt

• Debt-to-Equity Ratio: 0.85
• Current Ratio: 1.24
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $481.58 million
• Price / Sales: 6.72
• Cash Flow: $0.26 per share
• Price / Cash Flow: 33.64
• Book Value: $1.54 per share
• Price / Book: 5.75

Miscellaneous

• Outstanding Shares: 365,830,000
• Free Float: 357,416,000
• Market Cap: $3.24 billion
• Optionable: Optionable
• Beta: 1.41