Taseko Mines Ltd (AMEX:TGB) shares, rose in value, with the stock price down by -5.33% to the previous day’s close as strong demand from buyers drove the stock to $2.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.00. Referring to stock’s 52-week performance, its high was $3.14, and the low was $1.67. On the whole, TGB has fluctuated by 37.86% over the past month.
With the market capitalization of Taseko Mines Ltd currently standing at about $897.10 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-01.
The stock’s technical analysis shows that the price of TGB currently trading nearly 7.92% and 23.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.32, while the 7-day volatility ratio is showing 3.64% which for the 30-day chart, stands at 4.59%. Furthermore, Taseko Mines Ltd (TGB)’s beta value is 1.33, and its average true range (ATR) is 0.14.
A comparison of Taseko Mines Ltd (TGB) with its peers suggests the former has fared considerably weaker in the market. TGB showed an intraday change of -5.33% in today’s session so far, and over the past year, it grew by 13.60%%.
Data on historical trading for Taseko Mines Ltd (AMEX:TGB) indicates that the trading volumes over the past 3 months, they’ve averaged 13.81 million. According to company’s latest data on outstanding shares, there are 315.88 million shares outstanding.
Nearly 2.63% of Taseko Mines Ltd’s shares belong to company insiders and institutional investors own 32.92% of the company’s shares. The stock has risen by 46.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TGB stock heading into the next quarter.
