Taseko Mines Ltd Q3 2024 Earnings Report Preview What To Look For
TGB Stock | USD 1.97 0.03 1.50% |
About 61% of Taseko Mines' investor base is looking to short. The current sentiment regarding investing in Taseko Mines stock implies that many traders are alarmed. The current market sentiment, together with Taseko Mines' historical and current headlines, can help investors time the market. In addition, many technical investors use Taseko Mines stock news signals to limit their universe of possible portfolio assets.
Taseko |
Taseko Mines Ltd is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is 157.45 million, and the earnings are expected to come in at 0.04 per share. The full year 2024s revenue is expected to be 621.52 million and the earnings are expected to be 0.13 per share.
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Taseko Mines Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Taseko Mines can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Taseko Mines Fundamental Analysis
We analyze Taseko Mines' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taseko Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taseko Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Taseko Mines is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Taseko Mines Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Taseko Mines stock to make a market-neutral strategy. Peer analysis of Taseko Mines could also be used in its relative valuation, which is a method of valuing Taseko Mines by comparing valuation metrics with similar companies.
Peers
Taseko Mines Related Equities
CPCPF | CopperCorp Resources | 24.58 | ||||
DRCMF | Dor Copper | 10.00 | ||||
CSCCF | Capstone Copper | 2.43 | ||||
CPPKF | Copperbank Resources | 1.92 | ||||
SCCO | Southern Copper | 0.92 | ||||
ERO | Ero Copper | 0.07 | ||||
HBM | Hudbay Minerals | 0.72 | ||||
ARREF | Amerigo Resources | 0.89 | ||||
CPPMF | Copper Mountain | 5.56 |
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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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