Taseko Mines LimitedNYSE American: TGB

Taseko Mines Limited (NYSE:TGB) will be holding its Q1 2024 Results Conference Call on May 2, 2024 at 11:00 AM ET. Present at the call will be Brian Bergot, Stuart McDonald, Bryce Hamming, and Richard Tremblay. Craig Hutchison from TD Bank will also be participating in the call. The conference operator for today's call is Ina.

At Zacks, we prioritize the established Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong selections.

Taseko Mines is profiting from the increase in copper prices, with its Gibraltar mine in Canada generating strong cash flow. The company is also making progress on commissioning its new asset in Arizona by Q4 2025. We are optimistic about the stock and believe there is potential for further growth.

Can Taseko Mines (TGB) be considered a top choice for momentum investors? Let's investigate.

Taseko (TGB) finalizes an agreement that will grant it the full ownership of the Gibraltar mine, the second-largest open-pit copper mine in Canada.

Taseko Mines (TGB) witnesses year-over-year improvements in the fourth-quarter top and bottom lines, aided by the solid performance at the Gibraltar mine.

Taseko Mine's (TGB) fourth-quarter 2023 results are likely to reflect higher sales volume for both copper and molybdenum and copper prices.

Taseko Mines Ltd (TSX:TKO) shares rose 7% to C$1.95 in early Wednesday trading after the mining company announced that its majority-owned Gibraltar mine in British Columbia produced 123 million pounds of copper in 2023, well above the company's guidance and 26% higher than the previous year.  Taseko also noted that the Gibraltar mine produced 34 million pounds of copper and 369,000 pounds of molybdenum in the fourth quarter of 2023, which was supported by copper grades of 0.27%.

(Kitco News) - Copper producer Taseko Mines (TSX: TKO) (NYSE: TGB) announced on Monday that the company received approvals for $100 million in additional funding for its Florence Copper project in Arizona, USA.