Taseko Mines Ltd T.TKO

Taseko listed as 1 of 7 cheap stocks that could soar 1,000%

[PieEconomics]

"Unlike most commodity producers at the mercy of external pricing factors, Taseko Mines (NYSEMKT:TGB) possesses differentiated operational capabilities pointing to sustainable growth regardless of copper market gyrations. Taseko offers intriguing value, given expected production increases at existing mines and its robust development pipeline.

 

The company’s Q3 results underscored management’s execution prowess. Revenues and EBITDA soared 60% and 73%, respectively, versus the year-ago period. Thanks to higher copper output and inflated prices, Taseko generated $20 million in adjusted net income in Q3 2023.

 

The company increased copper production by 26% in 2023, well above guidance. Analysts forecast strong earnings growth in the coming years, which should average around 40% from 2023 to 2026 as mining productivity improves. Yet, TGB stock still trades at just 10x-times forward 2025 earnings. This miner seems ready to buck the stereotypical boom-and-bust commodity cycle, and is a mining stock I think investors need to have on their radar right now." 

https://finance.yahoo.com/news/7-cheap-stocks-under-10-185435239.html

[rdy2rumble]

lol lol lol lol lollol lol,, TKO soaring 1000%,,, now that was phocking funny...

[JCSunsfan]

I am long on this stock and very optimistic but we all know that good quarters come and how depending on where they are digging.   This article is pure hype.