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Taseko Mines (TGB) Looks Good: Stock Adds 7.9% in Session

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Taseko Mines Limited (TGB - Free Report) was a big mover last session, as the company saw its shares rise almost 8% 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 for the company as the stock is now trading above the volatile price range of $1.18 to $1.40 in the past one-month time frame.

The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same timeframe. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Taseko Mines currently holds a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Taseko Mines Limited Price

 

Another top-ranked stock in the broader basic materials sector is The Chemours Company (CC - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is TGB going up? Or down? Predict to see what others think: Up or Down

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