Taseko Mines Stock Price on December 18, 2024

TKO Stock  CAD 2.87  0.03  1.06%   
Below is the normalized historical share price chart for Taseko Mines extending back to May 08, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Taseko Mines stands at 2.87, as last reported on the 27th of December, with the highest price reaching 2.87 and the lowest price hitting 2.79 during the day.
200 Day MA
3.1694
50 Day MA
3.0128
Beta
1.907
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Taseko Stock, it is important to understand the factors that can impact its price. Taseko Mines owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.068, which indicates the firm had a -0.068% return per unit of risk over the last 3 months. Taseko Mines exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taseko Mines' Coefficient Of Variation of (5,947), risk adjusted performance of (0.01), and Variance of 13.01 to confirm the risk estimate we provide.
  
At this time, Taseko Mines' Common Stock Shares Outstanding is very stable compared to the past year. As of the 27th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.6 B, while Total Stockholder Equity is likely to drop about 257.1 M. . At this time, Taseko Mines' Price Earnings Ratio is very stable compared to the past year. As of the 27th of December 2024, Price Book Value Ratio is likely to grow to 1.32, while Price To Sales Ratio is likely to drop 0.99. Taseko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.068

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Estimated Market Risk

 3.41
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Taseko Mines is not performing at its full potential. However, 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 Taseko Mines to a well-diversified portfolio.
Price Book
1.7958
Enterprise Value Ebitda
6.4841
Price Sales
1.4851
Shares Float
285.1 M
Wall Street Target Price
4.4071

Taseko Mines Main Headline on 18th of December 2024

Taseko Mines FY2025 EPS Forecast Increased by Stifel Canada MarketBeat

Taseko Mines Valuation on December 18, 2024

It is possible to determine the worth of Taseko Mines on a given historical date. On December 18, 2024 Taseko was worth 2.86 at the beginning of the trading date compared to the closed value of 2.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taseko Mines stock. Still, in general, we apply an absolute valuation method to find Taseko Mines' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Taseko Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taseko Mines' related companies.
 Open High Low Close Volume
  2.85    2.91    2.78    2.89    584,716  
12/18/2024
  2.86    2.92    2.78    2.78    518,300  
  2.78    2.82    2.72    2.76    418,300  
Backtest Taseko Mines  |  Taseko Mines History  |  Taseko Mines Valuation   PreviousNext  
Open Value
2.86
2.78
Closing Value
13.08
Upside

Taseko Mines Trading Date Momentum on December 18, 2024

On December 19 2024 Taseko Mines was traded for  2.76  at the closing time. The maximum traded price for the trading interval was 2.82  and the lowest daily price was  2.72 . The daily volume was recorded at 418.3 K. The volume of trading on 19th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.72% . The trading price change to the closing price today is 1.80% .

Taseko Mines Fundamentals Correlations and Trends

By evaluating Taseko Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taseko Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taseko financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Taseko Mines Stock history

Taseko Mines investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Taseko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taseko Mines will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Taseko Mines stock prices may prove useful in developing a viable investing in Taseko Mines
Last ReportedProjected for Next Year
Common Stock Shares Outstanding291 M305.5 M
Net Loss-29.9 M-31.4 M

Taseko Mines Quarterly Net Working Capital

153.16 Million

Taseko Mines Stock Technical Analysis

Taseko Mines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Taseko Mines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taseko Mines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Taseko Mines Period Price Range

Low
December 27, 2024
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High

 0.00 

     

 0.00 

Taseko Mines cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Taseko Mines December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Taseko Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taseko Mines shares will generate the highest return on investment. By undertsting and applying Taseko Mines stock market strength indicators, traders can identify Taseko Mines entry and exit signals to maximize returns

Taseko Mines Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taseko Mines' price direction in advance. Along with the technical and fundamental analysis of Taseko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taseko to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.