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Market Cap

CA$838.4m

Last Updated

2021/05/13 05:00 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Reasonable growth potential and fair value.


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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TKO's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

13.0%

TKO

1.7%

CA Metals and Mining

-0.8%

CA Market


1 Year Return

565.2%

TKO

20.8%

CA Metals and Mining

38.7%

CA Market

Return vs Industry: TKO exceeded the Canadian Metals and Mining industry which returned 20.8% over the past year.

Return vs Market: TKO exceeded the Canadian Market which returned 38.7% over the past year.


Shareholder returns

TKOIndustryMarket
7 Day13.0%1.7%-0.8%
30 Day37.7%6.8%0.2%
90 Day41.0%4.7%5.5%
1 Year565.2%565.2%22.0%20.8%43.3%38.7%
3 Year89.7%89.7%55.0%51.5%27.3%15.2%
5 Year362.5%362.5%58.2%53.5%57.2%33.6%

Long-Term 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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TKO (CA$2.96) is trading below our estimate of fair value (CA$8.36)

Significantly Below Fair Value: TKO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TKO is poor value based on its PE Ratio (54.1x) compared to the Canadian Metals and Mining industry average (16.1x).

PE vs Market: TKO is poor value based on its PE Ratio (54.1x) compared to the Canadian market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: TKO is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: TKO is good value based on its PB Ratio (2.7x) compared to the CA Metals and Mining industry average (2.9x).


Future Growth

How is Taseko Mines forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

40.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TKO's forecast earnings growth (40.5% per year) is above the savings rate (1.5%).

Earnings vs Market: TKO's earnings (40.5% per year) are forecast to grow faster than the Canadian market (14.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TKO's revenue (10.4% per year) is forecast to grow faster than the Canadian market (6.7% per year).

High Growth Revenue: TKO's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TKO is forecast to be unprofitable in 3 years.


Past Performance

How has Taseko Mines performed over the past 5 years?

-10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TKO has a large one-off loss of CA$12.7M impacting its March 31 2021 financial results.

Growing Profit Margin: TKO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TKO has become profitable over the past 5 years, growing earnings by -10% per year.

Accelerating Growth: TKO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TKO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (85.4%).


Return on Equity

High ROE: TKO's Return on Equity (4.7%) is considered low.


Financial Health

How is Taseko Mines's financial position?


Financial Position Analysis

Short Term Liabilities: TKO's short term assets (CA$292.9M) exceed its short term liabilities (CA$79.2M).

Long Term Liabilities: TKO's short term assets (CA$292.9M) do not cover its long term liabilities (CA$686.9M).


Debt to Equity History and Analysis

Debt Level: TKO's debt to equity ratio (166.9%) is considered high.

Reducing Debt: TKO's debt to equity ratio has increased from 86.5% to 166.9% over the past 5 years.

Debt Coverage: TKO's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: TKO's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


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?

10.0yrs

Average management tenure


CEO

Russ Hallbauer (66 yo)

15.83yrs

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 Limited since July 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 ($USD2.08M) is above average for companies of similar size in the Canadian market ($USD1.27M).

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


Leadership Team

Experienced Management: TKO's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: TKO's board of directors are considered experienced (9.3 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 been diluted in the past year, with total shares outstanding growing by 15.1%.


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$838.408m
  • Shares outstanding: 283.25m
  • 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


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 Analysis2021/05/13 05:00
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.