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How to Buy Taseko Mines Stock

Taseko Mines Ltd

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits.

Taseko Mines stock last closed at $2.60, up 5.26% from the previous day, and has increased 59.51% in one year. It has overperformed other stocks in the Copper industry by 0.2 percentage points. Taseko Mines stock is currently +147.62% from its 52-week low of $1.05, and -0.38% from its 52-week high of $2.61.

At the moment, there are 290M TGB shares outstanding. The market value of TGB is $754.00M. In the past 24 hours, 2.93M TGB shares were traded.

How to Buy Taseko Mines Stock

Not sure how to invest in Taseko Mines stock? Here's how.
  1. Figure out where to buy Taseko Mines stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Taseko Mines stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your method of payment and add your details.
  4. Analyze Taseko Mines stock: The Taseko Mines ticker symbol is TGB. Is Taseko Mines stock a good investment? Should you buy shares of TGB? How do TGB's underlying business fundamentals look? Do top analysts think Taseko Mines is a good buy? Why has TGB's stock price moved recently? (Hint: Our stock market research tools can help you understand if TGB is a good stock to buy).
  5. Execute your TGB purchase: Decide if you will purchase TGB shares at the current market price or use a limit order to buy TGB shares at a given price.
  6. Get key alerts regarding your TGB position: Create a watchlist to key updates about your new investment in Taseko Mines shares.

Step 1: Figure out where to buy Taseko Mines stock

You will need an online brokerage account in order to access the NYSEMKT market and buy TGB stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal details so you can buy TGB today.

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Step 3: Deposit money your brokerage account

Now that you've finished signing up on one of the best stock apps, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help depositing money into your new brokerage account.

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Step 4: Analyze Taseko Mines stock

After you have chosen the best place to buy Taseko Mines stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk and opportunity.

Taseko Mines stock data

TGB Price
$2.60
1w %
5.69%
1y %
59.51%
5y %
276.81%
P/E
12.21x
P/B
2.36x
P/S
1.94x
PEG
0.36x
Revenue
$386.01M
Earnings
$60.83M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$754.00M
Next Earnings
Jun 14, 2024
Next Dividend
N/A

TGB Due Diligence Checks

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on TGB's stock page.

What is the fair value of TGB stock?

Analysts use many financial metrics, analyses, models, and charts to gauge TGB's intrinsic value.

Using relative valuations metrics:

  • TGB may be undervalued based on its P/E ratio of 12.21x, relative to Copper industry P/E ratio of 37.5x
  • TGB may be undervalued based on its P/B ratio of 2.36x, relative to Copper industry P/B ratio of 6.1x
  • TGB may be undervalued based on its PEG ratio of 0.36x

You can do additional valuation research on TGB's stock here.

Is TGB a healthy company?

Signs that TGB is financially healthy:

  • TGB has $74.66M in cash and short term investments. This is enough to cover its annual cash burn of $16.17M.
  • TGB profit margin has gone up from -6.6% to 15.8% in the past year.
  • TGB has cash burn of 16167647. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the TGB balance sheet.

Signs that TGB is not financially healthy:

  • Total TGB debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the TGB balance sheet.
  • TGB has a relatively high debt to equity ratio of 2.61.

Is it a good time to buy TGB stock, according to analysts?

Out of 1 Wall Street analysts who give forecasts on TGB, the consensus analyst rating on TGB is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Taseko Mines stock forecast page.

Metrics for Advanced TGB Traders

SMA10
2.45
SMA20
2.43
SMA50
2.02
SMA100
1.7
SMA200
1.49
MACD
0.12
MACD Signal
0.15
MACD Histogram
-0.02
RSI
68.25
Stochastic %K
61.9
Stochastic %D
42.91
StochRSI %K
33.73
StochRSI %D
15.08

TGB Earnings

Last year, TGB earnings were $60.83M. In the past 2 year, TGB's earnings have increased by 46.19% per year. This was faster than the Copper industry average of 2.65%.

Last year, TGB revenue was $386.01M. During the last 5 year, TGB's revenue has increased by 9.16% per year. This was faster than the Copper industry average of 5.55%.

You can research TGB's earnings and revenue performance here.

Latest Insiders Trades at TGB

Over the last year, executives and large shareholders at TGB have not bought or sold any shares.

Dig into more about who owns TGB shares here.

Can I get consistent income from TGB stock?

No, Taseko Mines doesn't provide an income stream by paying out dividends.

What do other traders have to say about TGB?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your TGB purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get key alerts regarding your TGB position

Now that you own some TGB shares, you'll want to keep up with your new company.

Create a watchlist to get alerted to the latest events about your TGB stock.

TGB Feed

How to Buy Stock in Taseko Mines

To reiterate, here are the 6 steps you need to take to buy Taseko Mines stock right now:

  1. Figure out where to buy Taseko Mines stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Taseko Mines stock
  5. Execute your TGB purchase
  6. Get key alerts regarding your TGB position

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Taseko Mines, create a watchlist today.

NYSEMKT: TGB
$2.60+0.13 (+5.26%)
Updated Apr 26, 2024
Open eToro Account
NYSEMKT: TGB
$2.60+0.13 (+5.26%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Taseko Mines share?

As of Apr 26, 2024, it costs $2.60 to buy one share of Taseko Mines stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.385 shares of TGB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Taseko Mines stock?

According to 1 Wall Street analysts who monitor Taseko Mines, their consensus recommendation is to hold Taseko Mines stock.

What is the best way to buy Taseko Mines stock?

One way to place an order for Taseko Mines stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.