The Taseko Mines Limited (TSE:TKO) share price has done very well over the last month, posting an excellent gain of 26%. Looking back a bit further, it’s encouraging to see the stock is up 71% in the last year.
In spite of the firm bounce in price, Taseko Mines may still be sending bullish signals at the moment with its price-to-sales (or “P/S”) ratio of 3.1x, since almost half of all companies in the Metals and Mining industry in Canada have P/S ratios greater than 5.6x and even P/S higher than 34x are not unusual. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s limited.
View our latest analysis for Taseko Mines
How Has Taseko Mines Performed Recently?
Taseko Mines hasn’t been tracking well…
