Taseko Mines Ltd T.TKO

Stock Moving And Still A Solid "Buy"

[goldennorth]

Looking good and still a strong "BUY".

"Gibraltar operations performed generally in line with plan in the first quarter, generating strong margins on a realized copper sales price of US$3.89 per pound. The operating team successfully completed a mill component replacement in January and following this maintenance downtime, mill throughput averaged 90,000 tons per day, 6% above the design capacity."...Stuart McDonald, President and CEO of Taseko, commented

"In late March we acquired the remaining 12.5% interest in Gibraltar and now own 100% of the mine. This transaction is a real positive for Taseko, providing immediate cashflow and production growth."

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/738-tsx/tko/160091-taseko-reports-first-quarter-2024-operational-performance-and-50-million-of-adjusted-ebitda.html

https://www.tipranks.com/stocks/tse:tko/forecast

https://www.tradingview.com/chart/?symbol=TSX%3ATKO

[cupricity]

If one cosiders price is up 60 cents from last quarter and they will will produce 30m lbs this quarter that doubles profits from last quarter if all things stay the same.  Gibraltar has a habit of not always being great but my bet is they have done some planning around being in some decent rock while they finish florence.  At 4.50lb copper we could be 60 to 70 cents in Gib earnings for