The price of TGB is predicted to go up 10.6%, based on the high correlation periods with DT. The similarity of these two price pattern on the periods is 91.05%.

TGB

Up: 10.6%Similarity: 91.05%

TGB Revenue Forecast

TGB EPS Forecast

TGB FAQs

What is bull’s view on TGB?

Taseko Mines (TGB) has a bullish outlook due to its Florence copper project, expected to begin production by Q4 FY25, doubling copper output and reducing costs by 20%. Analysts maintain an "Outperform" rating with a price target of C$4.25, reflecting confidence in EBITDA growth from $220M in 2024 to $535M by 2028. Recent earnings also exceeded expectations, with Q3 revenue up 8.2% year-over-year, signaling operational strength.

What is bear's view on TGB?

TGB stock may face bearish pressure in the short term. The price target was recently lowered to C$4.25 due to delayed production at the Florence copper project, which is expected to start only by Q4 FY25. Additionally, despite positive EBITDA growth projections, current copper prices and operational delays could limit near-term upside.