TGB Should I Buy
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Taseko Mines Ltd (TGB) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 to invest. The company's strong financial performance, favorable analyst rating, and positive industry developments make it a compelling investment opportunity, despite some technical and sentiment-related concerns.
The MACD is negative and expanding (-0.123), indicating bearish momentum. RSI is neutral at 40.549, and moving averages are converging, suggesting no clear trend. The stock is trading near its S1 support level of 7.583, with resistance at 8.4.
The U.S. government's $12 billion critical minerals stockpile initiative could benefit Taseko Mines due to its copper production.
Strong Q4 financial performance with a 45.3% YoY revenue increase and adjusted EBITDA of CAD 230 million.
Analyst Cole McGill raised the price target to C$12.50 and maintained a Buy rating.
Pre-market price drop of -0.91%, indicating short-term bearish sentiment.
Stock trend analysis shows a 40% chance of a -13.5% decline over the next month.
MACD and RSI suggest no immediate bullish momentum.
Taseko Mines reported strong Q4 2025 financials with a 45.3% YoY revenue increase to C$243.77 million and adjusted EBITDA of CAD 230 million. Despite a net loss of CAD 30 million, the company is showing significant growth, with gross margin improving to 22.57%.
Stifel analyst Cole McGill raised the price target to C$12.50 from C$7.25 and maintained a Buy rating, reflecting confidence in the company's growth potential.
