TGB Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Not a good buy right now. Despite a still-bullish longer-term moving-average stack and very bullish options positioning (low put/call ratios), today’s -11.40% regular-session selloff followed by a weak pre-market (-6.05%) signals near-term distribution and a loss of momentum. With no Intellectia AI Stock Picker or SwingMax buy signal to override other factors, and with the latest notable analyst action being a downgrade to Hold on “fully/fairly valued” commentary after a large YTD run, the risk/reward is not attractive for an impatient buyer at the current 7.62–7.63 area. The higher-probability entry would be after price stabilizes above the pivot (7.828) or on a controlled test/hold of support near ~7.00.
Price action: sharp bearish impulse today (regular market -11.40%), with only a minor post-market bounce (+0.13%), suggesting the dip has not clearly stabilized yet. Trend: Moving averages remain technically bullish (SMA_5 > SMA_20 > SMA_200), which supports the idea this is a pullback within a broader uptrend rather than a confirmed long-term downtrend. Momentum: MACD histogram is positive (0.0772) but “positively contracting,” implying upside momentum is fading. RSI(6) ~50.0 is neutral—no oversold condition to support an aggressive buy-the-dip entry. Levels: Pivot 7.828 is overhead (current ~7.62), so price is currently trading below a key near-term reference. Support levels: S1 ~6.995 then S2 ~6.48. Resistance levels: R1 ~8.66 then R2 ~9.175.
Intellectia Proprietary Trading Signals
Florence project remains on schedule for first copper cathode (per latest analyst note), which can be a meaningful operational catalyst.
Next earnings: QDEC 2025 earnings on 2026-02-19 after hours (Street est. EPS 0.08), which could reset the narrative if results confirm improving profitability.
Options positioning is heavily call-skewed with unusually high activity, suggesting traders are leaning toward upside continuation after the pullback.
Today’s sharp drawdown (-11.40% regular session) plus weak pre-market (-6.05%) indicates near-term risk of follow-through selling.
MACD is still positive but contracting and RSI is neutral—no strong “oversold” signal to justify an impatient entry.
Analyst view turned more cautious: downgrade to Hold with “fully and fairly valued” framing after a very large YTD move.
Gibraltar production tracking behind guidance (per latest analyst note), which can pressure confidence in near-term execution.
Latest quarter: 2025/Q3. Revenue: 173.906M, up 11.75% YoY (solid top-line growth). Profitability: Net income remains negative (-27.838M), though the YoY change shows improvement off a much weaker prior period (the very large % change reflects a low/negative base). EPS: -0.09 (still loss-making in the quarter). Margins: Gross margin improved to 22.57 (+31.60% YoY), a constructive trend. Overall: Fundamentals show improving revenue and margin trends, but profitability is not yet consistently positive—making timing/entry more sensitive to copper pricing and execution milestones.
Recent analyst trend: Cantor Fitzgerald (2025-11-13) downgraded TGB to Hold from Buy while raising the price target to C$6.50 (from C$4.75). Rationale: Q3 broadly in-line, Gibraltar behind guidance, Florence on schedule, and shares up ~147% YTD—now viewed as fully/fairly valued. Wall Street pros: improving margins/revenue and Florence timeline support the bull case. Wall Street cons: guidance/execution risk at Gibraltar and valuation/expectations risk after a large run, leading to a more neutral stance.
