TGB  Taseko Mines Limited

Exchange

AMEX

Sector

Basic Industries

Industry

Precious Metals

Market Cap.

407.3M

Very Poor Cash Return on Invested Capital over the past 5 years

TGB has failed to generate positive returns on its investments in buildings, projects and equipment. This could be due to poor management, lack of an economic moat or the capital intensive nature of the business.

TGB has lost $8.04 of cash for every $100 invested.
Figures in CAD. Fiscal year ends in December
20072008200920102011
Free Cash Flow -42.85M -62.64M -43.77M 34.51M -52.25M
divided by
Invested Capital 276.50M 418.65M 412.98M 390.66M 655.93M
Cash ROIC -15.50% -14.96% -10.60% 8.83% -7.97%

Excellent Return on Equity over the past 5 years

Over the past 5 years, TGB has generated strong profits with money shareholders have invested. This is considered one of the best indicators of quality management. Beware of extremely high Return on Equity (> 50%) as this is often unsustainable.

TGB has generated $17.22 of Earnings for every $100 of Shareholders' Equity.
Figures in CAD. Fiscal year ends in December
20072008200920102011
Net Income 48.26M 43.15M 10.56M 148.60M 26.97M
divided by
Stockholders' Equity 163.66M 270.08M 296.69M 469.95M 496.82M
Return on Equity 29.49% 15.98% 3.56% 31.62% 5.43%

Poor Business Performance over the past 10 years

TGB's inability to produce positive free cash flow for the majority of the past 10 years is concerning. It should be a red flag, since this company does not have a track record of delivering results for shareholders. This could be due to poor management or the nature of its business.

TGB has been losing money for the majority of the past 10 years.
Figures in CAD. Fiscal year ends in December
2002200320042005200620072008200920102011
Free Cash Flow -4.32M -3.63M -32.22M -10.77M 39.26M -42.85M -62.64M -43.77M 34.51M -52.25M