Recs

22

5-Star Stocks Poised to Pop: Taseko Mines

Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Canadian gold and copper producer Taseko Mines (NYSE: TGB  ) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at Taseko's business and see what CAPS investors are saying about the stock right now.

Taseko facts

Headquarters (Founded)

Vancouver, Canada (1966)

Market Cap

$497 million

Industry

Diversified metals and mining

Trailing-12-Month Revenue

$150.5 million

Management

CEO Russell Hallbauer (since 2005)

CFO Peter Mitchell (since 2008)

Return on Capital (Average, FY2006-2008)

22.5%

Cash / Debt

$36.9 million / $54.4 million

Other Highly Rated Mining Stocks

Freeport-McMoRan (NYSE: FCX  )

BHP Billiton (NYSE: BHP  )

Sterlite Industries (NYSE: SLT  )

CAPS Members Bullish on TGB Also Bullish on

Vale (NYSE: VALE  )

Apple (Nasdaq: AAPL  )

CAPS Members Bearish on TGB Also Bearish on

Starbucks (Nasdaq: SBUX  )

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

On CAPS, 98.1% of the 1,358 members who have rated Taseko believe the stock will outperform the S&P 500 going forward. These bulls include captainBEN and kingleader.

Earlier this summer, captainBEN tapped Taseko as the perfect path to Prosperity:

I like this stock for many reasons, but mostly because of the [P]rosperity mine that has 4.7 million ounces of gold and tons of copper as well. ... [Taseko] has the copper play for growth and gold for the inflation that is certainly down the road. ... [Taseko] is a cheap hedge that is worth looking at in real life.

In a pitch from two days ago, kingleader expands on the mines of opportunity:

It just makes good sense. The co. is ramping up production each quarter at its Gibraltar mine. The cost to do so is soon coming to an end. Its molybdenum profit should grow along with any economic recovery. Its Prosperity gold-copper property will trigger growing profits or a buyout by a larger company. It also has other mines it could take advantage of through mining or sale.

What do you think about Taseko, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. The CAPS community is waiting to hear your opinions. CAPS is 100% free, so get started!

Best Odds in the Universe!
If you're interested in a 98.79% chance at beating the market... and a 70.84% chance at DOUBLING the market's return – Motley Fool Supernova could be just what you're looking for. And get this: We arrived at these odds from 10,000 random back-tested portfolios composed of Motley Fool Co-founder David Gardner's personal stock picks.

It's why David recently handpicked a small team of world-class portfolio managers. You see, he thinks these odds can get even better! And he'd like to prove it to you...

Simply enter your email address. And the answer to the question everybody is asking will be delivered to your inbox!

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Sterlite is a Motley Fool Global Gains pick. Apple and Starbucks are Stock Advisor selections. Starbucks is also an Inside Value choice, and the Fool owns shares of it. The Fool's disclosure policy always gets a perfect score.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 17, 2009, at 9:48 AM, dividendhound wrote:

    Like TGB for long term hold. However, as a matter of clarification, Prosperity has not yet passed the various levels of governmental scrutiny required to develop a mine, and thus should not be viewed as a "lock". They are working with the local communities and governmental agencies to resolve differences.

Add your comment.

Compare Brokers

Fool Disclosure

DocumentId: 986579, ~/Articles/ArticleHandler.aspx, 2/11/2012 9:19:37 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 11 hours ago Sponsored by:
DOW 12,801.23 -89.23 -0.69%
S&P 500 1,342.64 -9.31 -0.69%
NASD 2,903.88 -23.35 -0.80%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

2/10/2012 4:00 PM
SBUX $48.82 Down -0.38 -0.77%
Starbucks CAPS Rating: ***
SLT $10.29 Down -0.15 -1.44%
Sterlite Industrie… CAPS Rating: ****
FCX $44.94 Down -1.48 -3.19%
Freeport-McMoRan C… CAPS Rating: ****
AAPL $493.42 Up +0.25 +0.05%
Apple CAPS Rating: ***
BHP $77.10 Down -2.52 -3.17%
BHP Billiton Limit… CAPS Rating: ****

Advertisement