Taseko (TGB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Taseko Mines is poised for growth with the Florence project set to boost production by 70% and offer industry-leading C1 costs. Despite a strike at the company's only mine, higher copper prices resulted in revenue increasing 23% in the latest quarter. Taseko Mines' valuation is attractive compared to peers, with future potential from Florence and other projects, making Taseko Mines a buy at its current valuation.