Canada's Taseko Q4 revenue misses estimates

Overview

• Canada mining firm's Q4 revenue missed analyst expectations

• Q4 net income was C$4.45 mln

Outlook

• Taseko expects Gibraltar copper production between 110 and 115 million pounds in 2026

• Florence Copper aims to produce 30 to 35 million pounds of copper cathode in 2026

• Company has hedging contracts for copper prices between US$4.00 and US$8.50 per pound

Result Drivers

• COPPER PRODUCTION INCREASE - Gibraltar's copper production rose significantly in H2 2025 due to higher grades and better quality ore

• FLORENCE COPPER PRODUCTION - Florence Copper began producing copper cathode, marking a new operational phase

• HIGHER MOLYBDENUM PRODUCTION - Increased molybdenum production due to higher grades in Connector Pit

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the specialty mining & metals peer group is "buy"

• Wall Street's median 12-month price target for Taseko Mines Ltd is C$10.00, about 8.2% below its February 17 closing price of C$10.89

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX7r6mY7

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