tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Taseko Mines Poised for Growth with Gibraltar and Florence

Taseko Mines Poised for Growth with Gibraltar and Florence

Taseko Mines (TSE:TKO) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Taseko Mines reported a third-quarter adjusted EBITDA of $48 million, despite a net loss of $0.2 million, as it fully acquired the Gibraltar Mine, boosting its copper and molybdenum production. The company anticipates increased copper and molybdenum outputs in 2025 due to the advancement of its new Connector pit and ongoing construction at the Florence Copper project. With a strong cash position and strategic projects underway, Taseko is poised for growth in North America’s copper market.

For further insights into TSE:TKO stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1