Taseko Mines Ltd NPL Stock Hits New 52-Week Low (TGB)

NEW YORK ( TheStreet) -- Taseko Mines Ltd NPL (AMEX: TGB) hit a new 52-week low Thursday as it is currently trading at $2.59, below its previous 52-week low of $2.67 with 442,438 shares traded as of 10:56 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Taseko Mines Ltd NPL has a market cap of $566.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 49% year to date as of the close of trading on Wednesday.

Taseko Mines Limited engages in the exploration, development, and operation of mineral properties in British Columbia, Canada. The company has a P/E ratio of 26.4, above the average metals & mining industry P/E ratio of 20.6 and above the S&P 500 P/E ratio of 17.7.
  • Practice your TGB trading strategies and win cash in our stock game.

TheStreet Ratings rates Taseko Mines Ltd NPL as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Taseko Mines Ltd NPL Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%