Taseko Mines Stock Today

TKO Stock  CAD 2.93  0.01  0.34%   

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Odds Of Distress

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Taseko Mines is selling at 2.93 as of the 22nd of November 2024; that is 0.34 percent increase since the beginning of the trading day. The stock's open price was 2.92. Taseko Mines has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Taseko Mines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties in Canada and the United States. Taseko Mines Limited was founded in 1966 and is headquartered in Vancouver, Canada. TASEKO MINES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. The company has 304.45 M outstanding shares of which 3.69 M shares are at this time shorted by private and institutional investors with about 4.81 days to cover all short positions. More on Taseko Mines

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Taseko Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Taseko Mines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Taseko Mines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentBrian Bergot
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Taseko Mines' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Taseko Mines' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Taseko Mines can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Taseko Mines' financial leverage. It provides some insight into what part of Taseko Mines' total assets is financed by creditors.
Liquidity
Taseko Mines cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Taseko Mines has accumulated 637.89 M in total debt with debt to equity ratio (D/E) of 100.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Taseko Mines has a current ratio of 1.32, which is within standard range for the sector. Debt can assist Taseko Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Taseko Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Taseko Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taseko to invest in growth at high rates of return. When we think about Taseko Mines' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

181.73 Million
Taseko Mines (TKO) is traded on Toronto Exchange in Canada and employs 9 people. Taseko Mines is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 889.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taseko Mines's market, we take the total number of its shares issued and multiply it by Taseko Mines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Taseko Mines operates under Metals & Mining sector and is part of Materials industry. The entity has 304.45 M outstanding shares of which 3.69 M shares are at this time shorted by private and institutional investors with about 4.81 days to cover all short positions. Taseko Mines has accumulated about 120.86 M in cash with 103.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check Taseko Mines Probability Of Bankruptcy
Ownership Allocation
Taseko Mines shows a total of 304.45 Million outstanding shares. 30% of Taseko Mines outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Taseko Ownership Details

Taseko Mines Risk Profiles

Although Taseko Mines' alpha and beta are two of the key measurements used to evaluate Taseko Mines' performance over the market, the standard measures of volatility play an important role as well.

Taseko Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Taseko Mines without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Taseko Mines Corporate Management

Elected by the shareholders, the Taseko Mines' board of directors comprises two types of representatives: Taseko Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taseko. The board's role is to monitor Taseko Mines' management team and ensure that shareholders' interests are well served. Taseko Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Taseko Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
PEng MBAChief OfficerProfile
Richard WeymarkEngineering VPProfile
Sean BAVice AffairsProfile
BBA CPAChief OfficerProfile
Terry MorrisVice OperationProfile
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.
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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.