Screened 2026-08-26 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Taseko Mines Limited holds its Distribution at $9.23. The statistical read favours the buyers, held for 7 days.
As held on the ledger · 2026-08-26
Phase
Distribution · caution
Quantitative state
The statistical read favours the buyers, held for 7 days
Price at the screen
$9.23
Valuation
461.50 trailing · 11.31 forward price to earnings
Values screen
PASS· score 70.0
Beta
2.01
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
30.21%
Below 33%
Interest-bearing debt is just 30.2% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.10%
Below 33%
Cash held in interest-bearing accounts and securities is 0.1% of assets, under the one-third limit.
Pass
Receivables
8.12%
Below 49%
Money owed to the company is 8.1% of assets, under the 49% limit.
Pass
Revenue purity
0.58%
Below 5%
Only 0.6% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-08-26 screen. The gold marker is the market price at the same screen. The price runs 5.1% above the base estimate.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-08-26 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Copper miner at low multiple risks value trap
Picture a miner chasing copper prices that swing like a bar tab in a boom town. Taseko shows seventy percent revenue growth yet posts just two percent profit margins and two percent return on equity, leaving little cushion when metal prices turn. The six percent margin of safety to fair value offers scant protection in a sector where earnings peak and trough without warning.
The eight point five times forward earnings multiple looks attractive on the surface, and the single analyst note leans strongly bullish. Yet that reading ignores how cyclical miners often appear cheapest right before volumes and prices reset. Unknown competitive edge adds another layer of uncertainty around sustained returns.
Ethical checks clear without issue, yet the business still fails our opportunity test because low multiples in copper frequently signal peak earnings rather than bargains. Currency swings and project delays sit among the obvious downsides. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day; its business and earnings are exposed to Canada and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
TGB trades on NYSE American (the company is based in Canada). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-08-14Markup · changed$8.32+10.9%Entry 4
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 10.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 25% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 115%. Our forward projection puts the odds of a 10% gain over the next month near 38%. The street (1 analysts) rates it strong buy, with a mean price target of $8.
2026-07-18Distribution$7.50+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 25% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 115%. Our forward projection puts the odds of a 10% gain over the next month near 38%. The street (1 analysts) rates it strong buy, with a mean price target of $8.
2026-07-03Distribution$7.50+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$7.50Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
