The earnings call highlighted strong operational progress with improved mining rates and significant project advancements at Florence. However, financial performance was mixed, with higher costs, lower sales, and an adjusted earnings loss. The New Prosperity and Yellowhead projects show promising potential, but short-term operational challenges remain.

Company Guidance

During the Taseko Mines 2025 Second Quarter Earnings Conference Call, the company provided several key metrics and guidance on their operations and projects. At the Gibraltar mine, mining tonnages increased by 31% from Q1 to reach 30 million tons in Q2, marking the best mining quarter in four years, with copper production holding steady at 20 million pounds and copper grades and recoveries expected to improve significantly in the second half. The total cash costs (C1) reported for copper were $3.14 per pound, with expectations for a decline as production levels rise. At the Florence project, construction is over 90% complete, with a total of USD 239 million incurred and the project expected to produce first copper cathode before the end of the year. The New Prosperity Agreement secured a $75 million cash payment from BC, and the Yellowhead project reported an NPV of CAD 2 billion at $4.25 copper. Overall, Taseko is advancing smoothly towards commissioning at Florence and anticipates improved operational performance at Gibraltar.

Improved Mining Rates at Gibraltar

Mining rates at Gibraltar increased by 31% from Q1, achieving the best mining quarter in the last four years with a total of 30 million tons mined.

Florence Project Nearing Completion

The Florence project has reached over 90% completion with activities shifting to commissioning. The initial injection of solutions is targeted for September, with first copper cathode expected before year's end.

Strong Financial Position

Taseko ended the quarter with a cash balance of $122 million and total liquidity of just under $200 million, including a $75 million payment from the BC government.

Positive Developments in New Prosperity and Yellowhead Projects

The New Prosperity Agreement was reached with a $75 million payment from BC. The Yellowhead project announced improved economics with an NPV of CAD 2 billion at $4.25 copper.

Taseko Mines (TGB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TGB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.05 / -	0.022	―	―	―
Aug 06, 2025	2025 (Q2)	-0.03 / -0.03	0.072	-140.00% (-0.10)	―
May 01, 2025	2025 (Q1)	-0.02 / -0.01	0.022	-166.67% (-0.04)	―
Feb 20, 2025	2024 (Q4)	0.02 / 0.02	0.058	-62.50% (-0.04)	―
Nov 07, 2024	2024 (Q3)	0.01 / 0.02	0.051	-57.14% (-0.03)	―
Jul 31, 2024	2024 (Q2)	-0.01 / 0.07	-0.014	600.00% (+0.09)	―
May 02, 2024	2024 (Q1)	0.02 / 0.02	0.014	50.00% (<+0.01)	―
Mar 08, 2024	2023 (Q4)	0.06 / 0.06	0.014	300.00% (+0.04)	―
Nov 01, 2023	2023 (Q3)	0.02 / 0.05	0.014	250.00% (+0.04)	―
Aug 02, 2023	2023 (Q2)	<0.01 / -0.01	-0.043	66.67% (+0.03)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TGB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$3.05	$3.11	+1.97%
May 01, 2025	$2.21	$1.96	-11.31%
Feb 20, 2025	$2.06	$2.24	+8.74%
Nov 07, 2024	$2.21	$2.56	+15.84%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Taseko Mines Limited (TGB) report earnings?

Taseko Mines Limited (TGB) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Taseko Mines Limited (TGB) earnings time?

Taseko Mines Limited (TGB) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TGB EPS forecast?

TGB EPS forecast for the fiscal quarter 2025 (Q3) is 0.05.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing