Taseko Mines (TGB) Stock Price, News & Analysis

Company Overview

Taseko Mines Limited is a Canadian mining company focused on the acquisition, development and operation of copper and other mineral properties. The company’s primary producing asset is the Gibraltar Mine in British Columbia, one of Canada’s largest open-pit copper-molybdenum mines. Taseko operates Gibraltar in partnership with Cariboo Copper Corp.

The company also holds interests in several development-stage projects. These include the Florence Copper project in Arizona, which is designed to produce copper through an in-situ recovery process, and the Yellowhead copper, gold and silver project in British Columbia. Taseko has also pursued the New Prosperity copper-gold project in British Columbia.

Headquartered in Vancouver, British Columbia, Taseko’s activities are concentrated in Canada and the United States. Its shares trade on the NYSE American under the symbol TGB and on the Toronto Stock Exchange under the symbol TKO.

Key Stats

• Today's Range: $7.26 to $7.58
• 50-Day Range: $7.30 to $9.68
• 52-Week Range: $3.93 to $9.82
• Volume: 5.38 million shs
• Average Volume: 4.15 million shs
• Market Capitalization: $2.74 billion
• P/E Ratio: 373.19
• Dividend Yield: N/A
• Price Target: $9.00
• Consensus Rating: Moderate Buy

Taseko Mines Stock Analysis - MarketRank™

Taseko Mines scored higher than 66% 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: 3.3 / 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 Potential

Taseko Mines has a consensus price target of $9.00, representing about 20.6% upside from its current price of $7.46.

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: 102.86%

Earnings Growth

Earnings for Taseko Mines are expected to grow by 102.86% in the coming year, from $0.35 to $0.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Taseko Mines is 373.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Taseko Mines is 373.19, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 22.68.

Price to Book Value per Share Ratio

Taseko Mines has a P/B Ratio of 4.84. 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: 3.5 / 5
• News Sentiment: N/A

News Sentiment

Taseko Mines has a news sentiment score of 1.56. 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 is a higher news sentiment than the 0.39 average news sentiment score of Materials companies.

Search Interest

Only 12 people have searched for TGB on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

6 people have added Taseko Mines to their MarketBeat watchlist in the last 30 days. This is an increase of 20% 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: 10/24/2026
• 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: +20.6%
• 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: 373.19
• Forward P/E Ratio: 21.31
• 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: 5.68
• Cash Flow: $0.25 per share
• Price / Cash Flow: 29.55
• Book Value: $1.54 per share
• Price / Book: 4.84

Miscellaneous

• Outstanding Shares: 366,640,000
• Free Float: 358,209,000
• Market Cap: $2.74 billion
• Optionable: Optionable
• Beta: 1.41