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Taseko Mines Limited (TSE:TKO)
TSX:TKO
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Taseko Mines (TKO) AI Stock Analysis

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TSE:TKO

Taseko Mines

(TSX:TKO)

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Neutral 56 (OpenAI - 4o)
Rating:56Neutral
Price Target:
C$6.50
▲(0.93% Upside)
Taseko Mines' overall stock score reflects a mix of strong technical momentum and operational progress, offset by financial challenges and poor valuation. The company's high leverage and declining profitability are significant concerns, while the positive developments in mining operations and project advancements offer potential upside. The absence of a dividend and negative earnings further weigh on the stock's attractiveness.
Positive Factors
Operational Progress
Improved mining rates at Gibraltar indicate enhanced operational efficiency, which can lead to increased production and revenue stability.
Project Advancements
The nearing completion of the Florence project suggests potential for increased copper output, diversifying revenue streams and boosting long-term growth.
Financial Flexibility
The successful share offering enhances financial flexibility, allowing for debt reduction and investment in growth initiatives, strengthening the balance sheet.
Negative Factors
High Leverage
Significant leverage poses financial risks, potentially limiting the company's ability to invest in growth and increasing vulnerability to market fluctuations.
Profitability Challenges
Ongoing profitability issues hinder the company's ability to generate returns, impacting long-term financial health and shareholder value.
Liquidity Concerns
Decreasing free cash flow raises concerns about liquidity, potentially affecting the company's capacity to fund operations and invest in future projects.

Taseko Mines (TKO) vs. iShares MSCI Canada ETF (EWC)

Taseko Mines Business Overview & Revenue Model

Company DescriptionTaseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75% interest in the Gibraltar mine located in British Columbia. It also holds 100% interest in Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona. The company was incorporated in 1966 and is headquartered in Vancouver, Canada.
How the Company Makes MoneyTaseko Mines generates revenue primarily through the sale of copper and molybdenum concentrates produced at its Gibraltar Mine. The company sells these concentrates to various customers, including smelters and refiners, under long-term contracts and spot market transactions. In addition to copper and molybdenum, Taseko explores other potential revenue streams by developing various projects, such as the Florence Copper Project in Arizona, which aims to produce copper through in-situ recovery methods. The company's revenue is influenced by global copper prices, operational efficiency, and production levels. Strategic partnerships with other mining entities and investments in exploration activities also contribute to Taseko’s earnings potential.

Taseko Mines Earnings Call Summary

Earnings Call Date:Aug 06, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 12, 2025
Earnings Call Sentiment Neutral
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.
Q2-2025 Updates
Positive Updates
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.
Negative Updates
Higher Costs and Lower Sales
Total cash costs at Gibraltar were $3.14 per pound due to lower capitalized stripping and lower moly production. Sales totaled 19 million pounds, contributing to lower revenue.
SX/EW Plant Downtime
A transformer issue at the Gibraltar SX/EW plant led to downtime expected for 6 to 8 weeks, impacting production by less than 1 million pounds.
Adjusted Earnings Loss
Taseko posted an adjusted net loss of $13 million or $0.04 loss per share, impacted by lower production and sales volumes.
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.

Taseko Mines Financial Statement Overview

Summary
Taseko Mines faces challenges with declining revenue and profitability, coupled with high leverage. While operational cash flows are relatively stable, the decrease in free cash flow raises concerns about liquidity. The company needs to address its leverage and improve profitability to enhance financial stability.
Income Statement
45
Neutral
Taseko Mines has experienced a decline in revenue growth, with a TTM revenue decrease of 3.61%. The company is struggling with profitability, as indicated by a negative net profit margin of -4.85% and a declining gross profit margin. However, the EBIT and EBITDA margins remain positive, suggesting some operational efficiency.
Balance Sheet
50
Neutral
The company has a high debt-to-equity ratio of 1.47, indicating significant leverage, which could pose financial risks. Return on equity is negative, reflecting challenges in generating returns for shareholders. The equity ratio is not provided, but the high leverage suggests a lower equity proportion in the capital structure.
Cash Flow
55
Neutral
Operating cash flow remains strong relative to net income, with a ratio of 0.95. However, free cash flow has decreased by 34.44% in the TTM, indicating potential liquidity issues. The free cash flow to net income ratio is positive, suggesting some ability to generate cash despite net losses.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue578.65M608.09M524.97M391.61M433.28M343.27M
Gross Profit75.50M117.16M207.35M54.23M163.81M23.73M
EBITDA119.95M170.94M233.23M71.62M176.63M97.88M
Net Income-28.08M-13.44M82.73M-25.97M36.47M-23.52M
Balance Sheet
Total Assets2.26B2.20B1.57B1.28B1.18B910.37M
Cash, Cash Equivalents and Short-Term Investments123.57M173.63M97.81M123.43M239.88M86.90M
Total Debt824.03M790.57M637.89M586.57M533.10M363.40M
Total Liabilities1.70B1.69B1.13B922.27M824.68M592.99M
Stockholders Equity559.93M503.22M434.15M356.41M358.52M317.37M
Cash Flow
Free Cash Flow76.02M149.48M33.16M1.59M87.04M40.70M
Operating Cash Flow220.18M232.62M151.09M81.27M174.77M106.19M
Investing Cash Flow-448.66M-317.89M-167.60M-166.41M-147.71M-59.64M
Financing Cash Flow147.93M157.16M-7.05M-35.24M125.79M-11.94M

Taseko Mines Technical Analysis

Technical Analysis Sentiment
Positive
Last Price6.44
Price Trends
50DMA
5.55
Positive
100DMA
4.98
Positive
200DMA
4.04
Positive
Market Momentum
MACD
0.20
Negative
RSI
63.97
Neutral
STOCH
74.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TKO, the sentiment is Positive. The current price of 6.44 is above the 20-day moving average (MA) of 5.93, above the 50-day MA of 5.55, and above the 200-day MA of 4.04, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 63.97 is Neutral, neither overbought nor oversold. The STOCH value of 74.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TKO.

Taseko Mines Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
C$1.17B6.0020.90%45.15%449.29%
79
Outperform
$482.86M17.5918.67%3.92%10.41%-0.23%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
56
Neutral
$2.22B-5.19%0.10%-135.33%
53
Neutral
C$623.84M-49.37-6.09%22.26%
43
Neutral
C$1.23B-47.42-14.89%-104.57%
39
Underperform
C$252.53M73.524.21%-41.70%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:TKO
Taseko Mines
6.44
3.43
113.95%
TSE:ARG
Amerigo Resources
3.27
1.70
108.68%
TSE:MARI
Marimaca Copper
10.96
5.96
119.20%
TSE:III
Imperial Metals
7.22
5.07
235.81%
TSE:LA
Los Andes Copper
8.46
0.71
9.16%
TSE:ASCU
Arizona Sonoran Copper Co.
3.59
2.31
180.47%

Taseko Mines Corporate Events

Business Operations and StrategyPrivate Placements and Financing
Taseko Mines Director Acquires Shares, Signaling Confidence
Positive
Oct 28, 2025

Taseko Mines Limited announced that Ron Thiessen, one of its directors, has acquired 8,790 common shares of the company at an average price of C$5.67 per share through a Bought Deal Offering. This transaction highlights insider confidence in the company’s prospects, potentially impacting investor perception and market positioning.

Business Operations and StrategyPrivate Placements and Financing
Taseko Mines Director Acquires Shares in Company
Positive
Oct 28, 2025

Taseko Mines Limited announced that one of its directors, Anu Dhir, acquired 35,150 common shares of the company at an average price of C$5.67 per share through a Bought Deal Offering. This transaction highlights the confidence of the company’s management in its operations and future prospects, potentially impacting the company’s market perception and stakeholder confidence.

Private Placements and Financing
Taseko Mines Completes US$170 Million Financing to Bolster Financial Position
Positive
Oct 22, 2025

Taseko Mines Limited has successfully closed a bought deal financing, raising gross proceeds of US$170.1 million through the sale of 42 million common shares. The funds are intended to repay existing debt and support general corporate and working capital needs, potentially strengthening the company’s financial position and operational capabilities.

Taseko Mines Secures $150 Million Through Share Offering
Oct 20, 2025

On October 17, 2025, Taseko Mines Limited entered into an underwriting agreement to sell 37,100,000 common shares at a price of US$4.05 per share, raising gross proceeds of US$150,255,000. This strategic move aims to strengthen the company’s financial position and support its ongoing operations, potentially impacting its market presence and shareholder value.

The most recent analyst rating on (TSE:TKO) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on Taseko Mines stock, see the TSE:TKO Stock Forecast page.

Private Placements and Financing
Taseko Mines Secures US$150 Million Financing to Enhance Financial Flexibility
Positive
Oct 16, 2025

Taseko Mines Limited has announced a US$150 million bought deal financing agreement with BMO Capital Markets and Canaccord Genuity Corp. The proceeds from this offering will be used to repay outstanding debt and for general corporate purposes, potentially strengthening Taseko’s financial position and operational flexibility.

Business Operations and StrategyProduct-Related Announcements
Taseko Mines Advances Copper Production with Florence Project Launch and Gibraltar Gains
Positive
Oct 15, 2025

Taseko Mines has commenced wellfield operations at its Florence Copper project, marking a significant milestone towards commercial production. The company anticipates producing its first copper cathode in about three months, enhancing its position as a diversified copper miner in top-tier jurisdictions. Additionally, Taseko reported a notable increase in copper and molybdenum production at its Gibraltar Mine during the third quarter, with expectations of further production growth in the fourth quarter. With copper prices nearing record highs, Taseko is well-positioned to capitalize on the growing demand for critical minerals.

Other
Taseko Mines Director Executes Share Options and Sale
Neutral
Oct 13, 2025

Taseko Mines Limited announced that Director Russell Hallbauer exercised 75,000 share options and sold an equivalent number of common shares on the Toronto Stock Exchange. This transaction, conducted at an average price of C$5.90 per share, aligns with the EU Market Abuse Regulations and reflects the company’s ongoing executive share dealings.

Other
Taseko Mines Executive Conducts Significant Share Transaction
Neutral
Oct 3, 2025

Taseko Mines Limited announced that Executive Richard Tremblay exercised 90,000 share options and sold the same number of common shares on the Toronto Stock Exchange. This transaction, conducted at an average price of C$5.87 per share, reflects internal financial activities and may influence stakeholder perceptions of the company’s market position.

Regulatory Filings and Compliance
Taseko Mines Director Sells 200,000 Shares
Neutral
Oct 2, 2025

Taseko Mines Limited announced that Robert Dickinson, a Director of the company, sold 200,000 common shares at an average price of C$5.49 per share on the Toronto Stock Exchange. This transaction is part of the company’s regulatory disclosure requirements under the EU Market Abuse Regulations, reflecting executive share dealings that may influence stakeholder perceptions and market dynamics.

Other
Taseko Mines Executive Executes Share Options and Sale
Neutral
Sep 29, 2025

Taseko Mines Limited announced that Terry Morris, Vice President of Operations, exercised 50,000 share options and sold an equal number of common shares at an average price of $5.69 CAD per share on the Toronto Stock Exchange. This transaction is part of the company’s executive share dealings, providing insight into the management’s financial activities and potentially impacting investor perceptions.

Regulatory Filings and Compliance
Taseko Mines Director Sells 225,000 Shares
Neutral
Sep 26, 2025

Taseko Mines Limited announced that Director Kenneth Pickering sold 225,000 shares of the company at an average price of $5.53 CAD per share on the Toronto Stock Exchange. This transaction is part of the company’s regulatory disclosures and may impact investor perceptions and the company’s stock performance.

Regulatory Filings and Compliance
Taseko Mines CFO Executes Share Options and Sells Shares
Neutral
Sep 26, 2025

Taseko Mines Limited announced that its Chief Financial Officer, Bryce Hamming, exercised 90,000 share options and sold 90,000 common shares at an average price of $5.54 CAD per share on the Toronto Stock Exchange. This transaction is part of the company’s executive share dealings, aligning with EU Market Abuse Regulations, and may impact the company’s stock liquidity and investor perception.

Other
Taseko Mines Executive Exercises Share Options
Neutral
Sep 25, 2025

Taseko Mines Limited announced that Brian Bergot, Vice President of Investor Relations, exercised 40,000 share options and sold an equivalent number of common shares at an average price of C$5.55 on the Toronto Stock Exchange. This transaction is part of routine executive share dealings, complying with EU Market Abuse Regulations, and reflects ongoing management activities within the company.

Other
Taseko Mines Executive Exercises Share Options and Sells Shares
Neutral
Sep 22, 2025

Taseko Mines Limited announced that Robert Rotzinger, the Vice President of Capital Projects, exercised 150,000 share options and sold an equivalent number of common shares at an average price of C$5.07 per share on the Toronto Stock Exchange. This transaction is part of routine executive share dealings and complies with EU Market Abuse Regulations, reflecting transparency in the company’s operations.

Regulatory Filings and Compliance
Taseko Mines Director Sells 50,000 Shares
Neutral
Sep 19, 2025

Taseko Mines Limited announced that Russell Hallbauer, a director of the company, sold 50,000 common shares at an average price of C$4.93 per share on the Toronto Stock Exchange. This transaction is part of the company’s executive share dealings and complies with EU Market Abuse Regulations, indicating transparency in the company’s governance practices.

Other
Taseko Mines Executive Exercises Share Options and Sells Shares
Neutral
Sep 18, 2025

Taseko Mines Limited announced that Sean Magee, VP of Corporate Affairs, exercised 75,000 share options and sold 75,000 common shares on the Toronto Stock Exchange. This transaction, conducted at an average price of C$4.98 per share, reflects typical executive share dealings and adheres to EU Market Abuse Regulations, potentially impacting investor perceptions and stock performance.

Business Operations and Strategy
Taseko Mines to Present at Jefferies 2025 Industrials Conference
Neutral
Sep 2, 2025

Taseko Mines Limited announced its participation in the Jefferies 2025 Industrials Conference in New York City, with President & CEO Stuart McDonald scheduled to present. This participation underscores Taseko’s ongoing efforts to engage with industry stakeholders and investors, highlighting its strategic initiatives and developments in copper mining operations.

Taseko Mines Reports Strong Q2 Earnings and Project Progress
Aug 8, 2025

Taseko Mines Limited is a mining company primarily engaged in the extraction and production of copper, with significant operations in North America. The company is noted for its Gibraltar and Florence Copper projects, which are key components of its strategic growth in the copper mining sector.

Taseko Mines Earnings Call: Achievements and Challenges
Aug 8, 2025

The recent earnings call for Taseko Mines was a mixed bag of achievements and challenges. While the company celebrated significant operational milestones, such as a notable increase in mining rates at Gibraltar and the nearing completion of the Florence project, these were offset by operational hurdles like the transformer issue at Gibraltar and financial setbacks from lower sales and increased costs, culminating in an adjusted net loss.

Business Operations and StrategyFinancial Disclosures
Taseko Mines Reports Strong Q2 Results and Progress on Key Projects
Positive
Aug 6, 2025

Taseko Mines reported a second quarter 2025 adjusted EBITDA of $17 million and a net income of $22 million. The Gibraltar Mine’s copper production was consistent with plans, and the newly refurbished SX/EW plant is now operational. The Florence Copper project is over 90% complete and on track for first production by the end of 2025. The company is also advancing the Yellowhead project and has reached an agreement regarding the New Prosperity Project, positioning itself for future growth as a North American multi-asset copper miner.

Taseko Mines to Announce Q2 2025 Financial Results
Aug 4, 2025

On August 1, 2025, Taseko Mines Limited announced that it will release its second quarter 2025 financial results on August 6, 2025, after market close. The company plans to hold a conference call and webcast on August 7, 2025, to discuss these results, providing an opportunity for analysts and investors to engage with management. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (TSE:TKO) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on Taseko Mines stock, see the TSE:TKO Stock Forecast page.

Financial Disclosures
Taseko Mines to Announce Q2 2025 Financial Results
Neutral
Aug 1, 2025

Taseko Mines Limited announced that it will release its second quarter 2025 financial results on August 6, 2025, after market close. The company will host a conference call and webcast on August 7, 2025, to discuss these results, providing an opportunity for analysts and investors to engage with management. This announcement is part of Taseko’s ongoing efforts to maintain transparency and communication with its stakeholders, which may influence investor perceptions and market positioning.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 30, 2025