(TKO) Taseko Mines - Ratings and Ratios

Taseko Mines Limited, a Canadian mining company incorporated in 1966, specializes in the acquisition, development, and operation of mineral properties. Its primary focus is on copper, with additional exploration and development efforts in molybdenum, gold, niobium, and silver. The companys core assets include the Gibraltar mine in central British Columbia, a 100% owned copper-molybdenum operation, and the Florence Copper project in Arizona, a near-term development project. Taseko also holds interests in the Yellowhead copper project, the New Prosperity gold-copper project, and the Aley niobium project, all located in British Columbia. These projects are in various stages of development, with Gibraltar being the only operational mine currently generating revenue. The company is headquartered in Vancouver, Canada, and is listed on the Toronto Stock Exchange under the ticker symbol TKO.

From a technical perspective, Tasekos stock (TKO) has shown recent weakness, with the last price of 2.74 falling below its SMA 20 (2.90) and SMA 50 (3.08). The SMA 200 stands at 3.02, indicating a longer-term downtrend. The Average True Range (ATR) of 0.18 suggests moderate volatility. On the fundamental side, Tasekos market cap is 969.74M CAD, with a forward P/E ratio of 10.73, signaling expectations of future earnings growth. However, the current P/B ratio of 2.02 and P/S ratio of 1.63 suggest the stock may be richly valued relative to its book value and revenue. The negative Return on Equity (RoE) of -2.67% reflects recent profitability challenges. Overall, while the company has a strong portfolio of copper-focused assets, its near-term performance will likely depend on commodity prices and the progress of its development projects.