TGB Near $9 With Momentum Building After a 14.5% Jump

$Taseko Mines(TGB)$

Taseko Mines(TGB) Rockets +14.53%: Copper Miner Nears 52-Week High, Eyes $9 Breakout

Latest Close Data

Closed at $8.83 on Feb 3, 2026, surging +14.53% ($1.12). The stock is now just $0.17 away from its 52-week high of $9.00.

Core Market Drivers

The strong rally is likely fueled by positive sentiment in the copper market and the company's recent strategic positioning.
Taseko's flagship Gibraltar mine continues to be a key asset, with operations benefiting from firm copper prices.

Technical Analysis

Volume was robust at 13.5M shares (Volume Ratio: 1.26), confirming the breakout move.
The RSI(12) at 72.41 is in bullish territory but not yet overbought, suggesting room for further upside.
The MACD shows a positive histogram reading of 0.134, indicating strengthening bullish momentum.

Key Price Levels

Primary Support: $8.06 (today's low).
Strong Resistance: $9.00 (52-week high).
Immediate Pivot: $8.83 (today's close). A sustained close above this level is critical for the next leg up.

Valuation Perspective

The stock trades at a Forward P/E of 17.43, which is below its historical average of 24.59 and significantly below its +1 Std. Dev. of 45.84, suggesting potential undervaluation relative to its own history. The P/S ratio is 7.27.

Analyst Targets

3 analysts cover TGB with an average price target of $11.50 (Upside: +30.2%). The consensus is bullish, with 1 Strong Buy and 2 Buy recommendations.

Weekly Outlook

Expect consolidation near the $9.00 resistance with high volatility. A confirmed breakout above $9.00 could target the $9.50 - $10.00 range. Failure to hold $8.06 support may lead to a pullback toward $7.85.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The stock is now just $0.17 away from its 52-week high of $9.00.</p>\n<h3 id=\"id_2389283817\">Core Market Drivers</h3>\n<ol start=\"1\" style=\"\">\n <li>\n  <p>The strong rally is likely fueled by positive sentiment in the copper market and the company's recent strategic positioning.</p></li>\n <li>\n  <p>Taseko's flagship Gibraltar mine continues to be a key asset, with operations benefiting from firm copper prices.</p></li>\n</ol>\n<h3 id=\"id_2005068065\">Technical Analysis</h3>\n<ul style=\"\">\n <li>\n  <p>Volume was robust at 13.5M shares (Volume Ratio: 1.26), confirming the breakout move.</p></li>\n <li>\n  <p>The RSI(12) at 72.41 is in bullish territory but not yet overbought, suggesting room for further upside.</p></li>\n <li>\n  <p>The MACD shows a positive histogram reading of 0.134, indicating strengthening bullish momentum.</p></li>\n</ul>\n<h3 id=\"id_1814006346\">Key Price Levels</h3>\n<ul style=\"\">\n <li>\n  <p><strong>Primary Support:</strong> $8.06 (today's low).</p></li>\n <li>\n  <p><strong>Strong Resistance:</strong> $9.00 (52-week high).</p></li>\n <li>\n  <p><strong>Immediate Pivot:</strong> $8.83 (today's close). A sustained close above this level is critical for the next leg up.</p></li>\n</ul>\n<h3 id=\"id_1263984571\">Valuation Perspective</h3>\n<p>The stock trades at a Forward P/E of 17.43, which is below its historical average of 24.59 and significantly below its +1 Std. Dev. of 45.84, suggesting potential undervaluation relative to its own history. The P/S ratio is 7.27.</p>\n<h3 id=\"id_737266220\">Analyst Targets</h3>\n<p>3 analysts cover TGB with an average price target of $11.50 (Upside: +30.2%). The consensus is bullish, with 1 Strong Buy and 2 Buy recommendations.</p>\n<h3 id=\"id_4057125666\">Weekly Outlook</h3>\n<p>Expect consolidation near the $9.00 resistance with high volatility. A confirmed breakout above $9.00 could target the $9.50 - $10.00 range. Failure to hold $8.06 support may lead to a pullback toward $7.85.</p></body></html>","htmlText":"<html><head></head><body><h2 id=\"id_1491922963\"><a data-mention-id=\"TGB\" class=\"teditor-mention\" data-mention-name=\"Taseko Mines\" href=\"https://ttm.financial/S/TGB\">$Taseko Mines(TGB)$</a></h2>\n<h3 id=\"id_4282643860\">Taseko Mines(TGB) Rockets +14.53%: Copper Miner Nears 52-Week High, Eyes $9 Breakout</h3>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f7584caff107b05133ee555647c8b37\" tg-width=\"560\" tg-height=\"240\"></p>\n<h3 id=\"id_1504131545\">Latest Close Data</h3>\n<p>Closed at $8.83 on Feb 3, 2026, surging +14.53% ($1.12). The stock is now just $0.17 away from its 52-week high of $9.00.</p>\n<h3 id=\"id_2389283817\">Core Market Drivers</h3>\n<ol start=\"1\" style=\"\">\n <li>\n  <p>The strong rally is likely fueled by positive sentiment in the copper market and the company's recent strategic positioning.</p></li>\n <li>\n  <p>Taseko's flagship Gibraltar mine continues to be a key asset, with operations benefiting from firm copper prices.</p></li>\n</ol>\n<h3 id=\"id_2005068065\">Technical Analysis</h3>\n<ul style=\"\">\n <li>\n  <p>Volume was robust at 13.5M shares (Volume Ratio: 1.26), confirming the breakout move.</p></li>\n <li>\n  <p>The RSI(12) at 72.41 is in bullish territory but not yet overbought, suggesting room for further upside.</p></li>\n <li>\n  <p>The MACD shows a positive histogram reading of 0.134, indicating strengthening bullish momentum.</p></li>\n</ul>\n<h3 id=\"id_1814006346\">Key Price Levels</h3>\n<ul style=\"\">\n <li>\n  <p><strong>Primary Support:</strong> $8.06 (today's low).</p></li>\n <li>\n  <p><strong>Strong Resistance:</strong> $9.00 (52-week high).</p></li>\n <li>\n  <p><strong>Immediate Pivot:</strong> $8.83 (today's close). A sustained close above this level is critical for the next leg up.</p></li>\n</ul>\n<h3 id=\"id_1263984571\">Valuation Perspective</h3>\n<p>The stock trades at a Forward P/E of 17.43, which is below its historical average of 24.59 and significantly below its +1 Std. Dev. of 45.84, suggesting potential undervaluation relative to its own history. The P/S ratio is 7.27.</p>\n<h3 id=\"id_737266220\">Analyst Targets</h3>\n<p>3 analysts cover TGB with an average price target of $11.50 (Upside: +30.2%). The consensus is bullish, with 1 Strong Buy and 2 Buy recommendations.</p>\n<h3 id=\"id_4057125666\">Weekly Outlook</h3>\n<p>Expect consolidation near the $9.00 resistance with high volatility. A confirmed breakout above $9.00 could target the $9.50 - $10.00 range. Failure to hold $8.06 support may lead to a pullback toward $7.85.</p></body></html>","text":"$Taseko Mines(TGB)$ Taseko Mines(TGB) Rockets +14.53%: Copper Miner Nears 52-Week High, Eyes $9 Breakout Latest Close Data Closed at $8.83 on Feb 3, 2026, surging +14.53% ($1.12). The stock is now just $0.17 away from its 52-week high of $9.00. Core Market Drivers The strong rally is likely fueled by positive sentiment in the copper market and the company's recent strategic positioning. Taseko's flagship Gibraltar mine continues to be a key asset, with operations benefiting from firm copper prices. Technical Analysis Volume was robust at 13.5M shares (Volume Ratio: 1.26), confirming the breakout move. The RSI(12) at 72.41 is in bullish territory but not yet overbought, suggesting room for further upside. The MACD shows a positive histogram reading of 0.134, indicating strengthening bullish momentum. Key Price Levels Primary Support: $8.06 (today's low). Strong Resistance: $9.00 (52-week high). Immediate Pivot: $8.83 (today's close). A sustained close above this level is critical for the next leg up. Valuation Perspective The stock trades at a Forward P/E of 17.43, which is below its historical average of 24.59 and significantly below its +1 Std. Dev. of 45.84, suggesting potential undervaluation relative to its own history. The P/S ratio is 7.27. Analyst Targets 3 analysts cover TGB with an average price target of $11.50 (Upside: +30.2%). The consensus is bullish, with 1 Strong Buy and 2 Buy recommendations. Weekly Outlook Expect consolidation near the $9.00 resistance with high volatility. A confirmed breakout above $9.00 could target the $9.50 - $10.00 range. 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