U.S. Markets open in 8 hrs 52 mins

Taseko Mines Ltd. (TGB) in Focus: Stock Moves 5% Higher - Tale of the Tape

Zacks Equity Research

Taseko Mines Ltd. (TGB) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of 63 cents to 71 cents over the past one-month time frame.


The stock witnessed one upward and two downward estimate revisions in the past 30 days. The Zacks Consensus Estimate, however, remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.


Taseko Mines carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.


A better-ranked stock in the mining –misc industry is Materion Corporation (MTRN), sporting a Zacks Rank #1 (Strong Buy).


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
TASEKO MINES LT (TGB): Free Stock Analysis Report
 
MATERION CORP (MTRN): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research