Taseko Competitors

TGB Stock  USD 2.02  0.06  2.88%   
Taseko Mines competes with Capstone Copper, Hudbay Minerals, Ero Copper, CopperCorp Resources, and Southern Copper; as well as few others. The company runs under Metals & Mining sector within Materials industry. Analyzing Taseko Mines competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Taseko Mines to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Taseko Mines Correlation with its peers.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Taseko Mines competition on your existing holdings.
  
At present, Taseko Mines' Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Capital Employed is expected to grow to 0.14, whereas Return On Equity is forecasted to decline to 0.18. At present, Taseko Mines' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.4 B, whereas Other Current Assets are forecasted to decline to about 7.8 M.
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Hype
Prediction
LowEstimatedHigh
0.101.905.67
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Intrinsic
Valuation
LowRealHigh
0.091.845.61
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7 Analysts
Consensus
LowTargetHigh
1.741.912.12
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Earnings
Estimates (0)
LowProjected EPSHigh
0.050.050.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Taseko Mines. Your research has to be compared to or analyzed against Taseko Mines' peers to derive any actionable benefits. When done correctly, Taseko Mines' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Taseko Mines.

Taseko Mines Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Taseko Mines and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Taseko and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Taseko Mines does not affect the price movement of the other competitor.
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High positive correlations   
CPPMFERO
ARREFSCCO
ARREFCPPMF
EROCSCCF
ARREFCSCCF
CPPMFSCCO
  
High negative correlations   
CPPMFCPCPF
CPCPFERO
ARREFCPCPF
CPCPFCSCCF
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Risk-Adjusted Indicators

There is a big difference between Taseko Stock performing well and Taseko Mines Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Taseko Mines' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Taseko Mines and related stocks such as Capstone Copper Corp, Hudbay Minerals, and Ero Copper Corp Net Income Over Time
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Price To Sales RatioDividend Yield
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201020112012201320142015201620172018201920202021202220232024
HBM(2.5 M)(150.7 M)(18.6 M)(95.2 M)62 M(331.4 M)(35.2 M)163.9 M85.4 M(343.8 M)(144.6 M)(244.4 M)70.4 M66.4 M69.7 M
SCCO217.8 M2.3 B1.9 B1.6 B1.3 B736.4 M776.5 M728.5 M1.5 B1.5 B1.6 B3.4 B2.6 B2.4 B1.3 B

Taseko Mines and related stocks such as Capstone Copper Corp, Hudbay Minerals, and Ero Copper Corp Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Taseko Mines financial statement analysis. It represents the amount of money remaining after all of Taseko Mines operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Taseko Mines Competitive Analysis

The better you understand Taseko Mines competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Taseko Mines' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Taseko Mines' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
TGB CSCCF HBM ERO CPCPF SCCO CPPMF ARREF LUNMF CPPKF
 2.88 
 2.02 
Taseko
 0.95 
 6.24 
Capstone
 2.56 
 8.36 
Hudbay
 1.25 
 13.40 
Ero
 6.25 
 0.15 
CopperCorp
 3.91 
 92.96 
Southern
 13.33 
 0.17 
Copper
 5.22 
 1.09 
Amerigo
 1.52 
 7.12 
Lundin
 9.26 
 0.49 
Copperbank
Market Volatility
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(90 Days Performance)
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(Probability Of Bankruptcy)
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(90 Days Macroaxis Advice)
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Taseko Mines Competition Performance Charts

Five steps to successful analysis of Taseko Mines Competition

Taseko Mines' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Taseko Mines in relation to its competition. Taseko Mines' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Taseko Mines in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Taseko Mines' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Taseko Mines, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Taseko Mines position

In addition to having Taseko Mines in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
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When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:
Check out Taseko Mines Correlation with its peers.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Metals & Mining space 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
(0.46)
Earnings Share
0.11
Revenue Per Share
2.008
Quarterly Revenue Growth
0.231
Return On Assets
0.0337
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.