TSX:TKO

Stock Analysis Report

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Executive Summary

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Taseko Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TKO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.1%

TKO

-1.5%

CA Metals and Mining

-0.4%

CA Market


1 Year Return

161.4%

TKO

49.1%

CA Metals and Mining

-3.9%

CA Market

Return vs Industry: TKO exceeded the Canadian Metals and Mining industry which returned 49.1% over the past year.

Return vs Market: TKO exceeded the Canadian Market which returned -3.9% over the past year.


Shareholder returns

TKOIndustryMarket
7 Day2.1%-1.5%-0.4%
30 Day8.8%1.3%3.1%
90 Day46.1%-3.9%2.4%
1 Year161.4%161.4%50.3%49.1%-0.4%-3.9%
3 Year-45.4%-45.4%54.6%51.5%6.7%-3.8%
5 Year125.8%125.8%131.2%124.7%35.5%14.7%

Price Volatility Vs. Market

How volatile is Taseko Mines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Taseko Mines undervalued compared to its fair value and its price relative to the market?

1.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: TKO (CA$1.49) is trading above our estimate of fair value (CA$1.44)

Significantly Below Fair Value: TKO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TKO is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: TKO is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TKO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TKO is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is Taseko Mines forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

47.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TKO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TKO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TKO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TKO's revenue (3.4% per year) is forecast to grow slower than the Canadian market (5.8% per year).

High Growth Revenue: TKO's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TKO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Taseko Mines performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TKO is currently unprofitable.

Growing Profit Margin: TKO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TKO is unprofitable, and losses have increased over the past 5 years at a rate of 1.3% per year.

Accelerating Growth: Unable to compare TKO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TKO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).


Return on Equity

High ROE: TKO has a negative Return on Equity (-22.45%), as it is currently unprofitable.


Next Steps

Financial Health

How is Taseko Mines's financial position?


Financial Position Analysis

Short Term Liabilities: TKO's short term assets (CA$124.9M) exceed its short term liabilities (CA$66.4M).

Long Term Liabilities: TKO's short term assets (CA$124.9M) do not cover its long term liabilities (CA$537.2M).


Debt to Equity History and Analysis

Debt Level: TKO's debt to equity ratio (124.7%) is considered high.

Reducing Debt: TKO's debt to equity ratio has increased from 74.6% to 124.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TKO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TKO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.1% per year.


Next Steps

Dividend

What is Taseko Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TKO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TKO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TKO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TKO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TKO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.4yrs

Average management tenure


CEO

Russ Hallbauer (66 yo)

15.25yrs

Tenure

CA$2,511,728

Compensation

Mr. Russell Edward Hallbauer, also known as Russ, P.Eng., has been the Chief Executive Officer of Taseko Mines Ltd. since July 11, 2005 and served as its President from since July 11, 2005 to June 13, 2019 ...


CEO Compensation Analysis

Compensation vs Market: Russ's total compensation ($USD1.91M) is above average for companies of similar size in the Canadian market ($USD667.46K).

Compensation vs Earnings: Russ's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Russell Hallbauer
CEO & Director15.25yrsCA$2.51m1.9%
CA$ 6.9m
Stuart McDonald
President1.33yrsCA$1.21m0.25%
CA$ 902.8k
Bryce Hamming
Chief Financial Officer1.33yrsCA$524.40k0.035%
CA$ 128.5k
John McManus
Chief Operating Officer12.83yrsCA$1.43m0.14%
CA$ 503.0k
Brian Bergot
Vice President of Investor Relations6.58yrsno data0.038%
CA$ 138.1k
Trevor Thomas
Secretary12.17yrsno data0.023%
CA$ 85.2k
Rita Maguire
Executive VP & General Counsel of Florence copperno datano data0.018%
CA$ 65.4k

9.4yrs

Average Tenure

50.5yo

Average Age

Experienced Management: TKO's management team is seasoned and experienced (9.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Russell Hallbauer
CEO & Director15.25yrsCA$2.51m1.9%
CA$ 6.9m
Robert Dickinson
Independent Director29.75yrsCA$159.87k1.27%
CA$ 4.6m
Ronald Thiessen
Chairman of the Board14.42yrsCA$353.56k0.57%
CA$ 2.1m
Anu Dhir
Independent Non-Executive Director3.08yrsCA$183.37k0.0034%
CA$ 12.6k
Peter Mitchell
Director0.25yrCA$143.08k0.016%
CA$ 59.2k
Kenneth William Ewen
Independent Non-Executive Director1.83yrsCA$220.56kno data

8.8yrs

Average Tenure

67yo

Average Age

Experienced Board: TKO's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TKO insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Taseko Mines Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Taseko Mines Limited
  • Ticker: TKO
  • Exchange: TSX
  • Founded: 1966
  • Industry: Copper
  • Sector: Materials
  • Market Cap: CA$364.367m
  • Shares outstanding: 246.19m
  • Website: https://www.tasekomines.com

Number of Employees


Location

  • Taseko Mines Limited
  • 1040 West Georgia Street
  • 15th Floor
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGBAMEX (NYSE MKT LLC)YesCommon SharesUSUSDSep 1982
TKOTSX (The Toronto Stock Exchange)YesCommon SharesCACADSep 1982
UDMDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1982
TKOLSE (London Stock Exchange)YesCommon SharesGBGBPSep 1982

Biography

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 23:58
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.