Taseko Mines Stock Performance
| TGB Stock | USD 2.36 0.01 0.42% |
On a scale of 0 to 100, Taseko Mines holds a performance score of 17. The entity has a beta of 1.98, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Taseko Mines will likely underperform. Please check Taseko Mines' value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Taseko Mines' existing price patterns will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Taseko Mines are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, Taseko Mines sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.21 | Five Day Return (3.85) | Year To Date Return 72.1 | Ten Year Return 9.45 | All Time Return (81.00) |
1 | Taseko Q4 Earnings Snapshot | 03/08/2024 |
2 | Taseko Mines Reaches New 52-Week High at 153.00 - MarketBeat | 03/19/2024 |
3 | Taseko consolidates Gibraltar for C117M | 03/25/2024 |
4 | Taseko Inks Deal to Buy Balance Stake in Gibraltar Mine - Zacks Investment Research | 03/28/2024 |
5 | TASEKO ANNOUNCES OFFERING OF US500 MILLION OF SENIOR SECURED NOTES DUE 2030 | 04/08/2024 |
6 | Taseko Mines shares get price target boost on notes offering announcement | 04/09/2024 |
7 | Should You Be Impressed By Taseko Mines Limiteds ROE | 04/11/2024 |
8 | Taseko Mines director sells 1.1 million shares in total - Marketscreener.com | 04/17/2024 |
| Begin Period Cash Flow | 120.9 M |
Taseko |
Taseko Mines Relative Risk vs. Return Landscape
If you would invest 146.00 in Taseko Mines on January 25, 2024 and sell it today you would earn a total of 90.00 from holding Taseko Mines or generate 61.64% return on investment over 90 days. Taseko Mines is generating 0.8431% of daily returns assuming volatility of 3.6836% on return distribution over 90 days investment horizon. In other words, 32% of stocks are less volatile than Taseko, and above 84% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Taseko Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taseko Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taseko Mines, and traders can use it to determine the average amount a Taseko Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2289
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Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Taseko Mines is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Taseko Mines by adding it to a well-diversified portfolio.
Taseko Mines Fundamentals Growth
Taseko Stock prices reflect investors' perceptions of the future prospects and financial health of Taseko Mines, and Taseko Mines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Taseko Stock performance.
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0528 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 1.25 B | ||||
| Shares Outstanding | 290.7 M | ||||
| Price To Earning | 12.40 X | ||||
| Price To Book | 2.28 X | ||||
| Price To Sales | 1.39 X | ||||
| Revenue | 525.17 M | ||||
| Gross Profit | 106.22 M | ||||
| EBITDA | 186.44 M | ||||
| Net Income | 82.73 M | ||||
| Cash And Equivalents | 120.86 M | ||||
| Cash Per Share | 0.62 X | ||||
| Total Debt | 637.89 M | ||||
| Debt To Equity | 1.46 % | ||||
| Current Ratio | 2.41 X | ||||
| Book Value Per Share | 1.50 X | ||||
| Cash Flow From Operations | 103.34 M | ||||
| Earnings Per Share | 0.20 X | ||||
| Market Capitalization | 695.58 M | ||||
| Total Asset | 1.57 B | ||||
| Retained Earnings | (123.38 M) | ||||
| Working Capital | 108.27 M | ||||
| Current Asset | 133.06 M | ||||
| Current Liabilities | 95.45 M | ||||
About Taseko Mines Performance
To evaluate Taseko Mines Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Taseko Mines generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Taseko Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Taseko Mines market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Taseko's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 118.52 | 181.49 | |
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.19 | 0.18 |
Things to note about Taseko Mines performance evaluation
Checking the ongoing alerts about Taseko Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taseko Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taseko Mines appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Taseko Mines director sells 1.1 million shares in total - Marketscreener.com |
- Analyzing Taseko Mines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Taseko Mines' stock is overvalued or undervalued compared to its peers.
- Examining Taseko Mines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Taseko Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taseko Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taseko Mines' stock. These opinions can provide insight into Taseko Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.Note that the Taseko Mines information on this page should be used as a complementary analysis to other Taseko Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Taseko Stock analysis
When running Taseko Mines' price analysis, check to measure Taseko Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taseko Mines is operating at the current time. Most of Taseko Mines' value examination focuses on studying past and present price action to predict the probability of Taseko Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taseko Mines' price. Additionally, you may evaluate how the addition of Taseko Mines to your portfolios can decrease your overall portfolio volatility.
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Is Taseko Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.2 | Revenue Per Share 1.819 | Quarterly Revenue Growth 0.528 | Return On Assets 0.0528 |
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.