Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.

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Taseko Mines Ltd > Valuation

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Post by JCSunsfanon Mar 18, 2024 3:23pm

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Post# 35938935

Valuation

The trailing PE for Taseko right now is 9 according to Bloomberg, Google, Seeking Alpha, and Brian Bergot. Yahoo and other sites have not updated in some time.

If q124 is similar in results to q423 they would drop a 1.5 cent quarter and add an 8 cent quarter. That would drop the PE to 6. Freeport is running a 25 PE. With the prospects of doubling the earnings in 18-24 months, what should the PE for this company be? I would think that 25 is VERY conservative. Everything is now almost completely de-risked.

Thats a 4 bagger, based upon just plain solid, fairly conservative fundamentals. And that does not consider any increases in the price of copper.

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