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
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
C$243.77 mln
C$248.04 mln (4 Analysts)
Q4 Net Income
C$4.45 mln
Q4 Adjusted EBITDA
C$116.46 mln
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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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)