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Taseko Mines reports Q1 adjusted EPS 8c, consensus 8c

Reports Q1 revenue $237.1M vs. $139.15M last year. CEO Stuart McDonald commented, “Both of Taseko’s producing assets performed well in the first quarter. Gibraltar operations have achieved a consistent production level in recent quarters as mining activities have been advancing on plan in the Connector pit…Taseko is uniquely positioned as a North American copper growth story. Florence Copper is adding low-cost production and cash flow growth this year, to Gibraltar’s existing production base. The company is well positioned to capitalize on the strong copper markets we see today, and continue to unlock value from our pipeline of large-scale longer term projects.”

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