Canada's Taseko Mines Q2 revenue misses expectations
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Taseko Mines reported Q2 revenue of CAD 116 million, falling short of analyst expectations of CAD 140.2 million. The adjusted EPS met expectations at a loss of CAD 0.04 per share. The Gibraltar SX/EW plant has restarted, and the Florence Copper project is over 90% complete, with first production expected before the end of 2025. Analysts maintain a "buy" rating on the stock, with a median 12-month price target of CAD 5.30, reflecting a potential upside from its recent trading price of CAD 4.23.
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