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Taseko Mines ( (TSE:TKO) ) has provided an announcement.
Taseko Mines reported its 2024 financial results, highlighting a full-year adjusted EBITDA of $224 million and revenues of $608 million, despite a net loss of $13 million. The company achieved record mill throughput at the Gibraltar Mine and expects increased copper production in 2025 due to operational improvements and the restart of the SX/EW plant. Construction at the Florence Copper project is progressing well, with first production targeted for late 2025. The company remains financially solid, with significant liquidity and favorable market conditions enhancing its outlook.
More about Taseko Mines
Taseko Mines Limited is a mining company focused on the production of copper and molybdenum. The company operates the Gibraltar Mine in British Columbia and is advancing the Florence Copper project in Arizona, aiming to strengthen its position in the North American copper industry.
YTD Price Performance: 6.50%
Average Trading Volume: 3,357,960
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $650.1M
Learn more about TKO stock on TipRanks’ Stock Analysis page.
