Taseko Mines Limited (TGB) Releases its Earnings Report for the Second Quarter of 2025

Taseko Mines Limited (NYSE:TGB) is one of the 10 Cheapest Penny Stocks to Buy Now.

On August 21, 2025, Taseko Mines Limited (NYSE:TGB) released its earnings report for the second quarter of 2025.

Taseko Mines Limited (NYSE:TGB) posted $116 million in revenue with an adjusted net loss of $0.04 per share, slightly missing analyst expectations. Despite the revenue shortfall, the company’s stock went up by 0.7% after hours to $4.26, reflecting investor confidence in operational progress.

Taseko Mines Limited (NYSE:TGB) highlighted its key developments, including the restart of the Gibraltar SXEW plant in British Columbia and the significant advancement of the Florence Copper project in Arizona. The company’s copper project in Arizona is expected to produce 40-50 million pounds of copper in its first year. The project boasts a $930 million after-tax NPV at $3.75 per pound of copper.

Looking ahead, Taseko Mines Limited (NYSE:TGB) remains well-positioned for growth with a strong cash balance of $122 million and total liquidity near $200 million, despite short-term revenue challenges.

Taseko Mines Limited (NYSE:TGB) is focused on acquiring, developing, and operating mineral properties, dealing in copper, molybdenum, gold, niobium, and silver. It is one of the 10 Cheapest Penny Stocks to Buy Now.

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