NYSE$TGB
Taseko Mines Ltd · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Taseko Mines reported strong fourth quarter 2025 results with higher copper production, improved cash flow and positive net income.
In Q4 2025, Taseko generated revenue of 243767000 with net income of 4454000 and Adjusted EBITDA of 116464000. Copper production increased to 30700000 pounds, supported by higher grades and recoveries, while C1 costs improved to 2.47 per pound.
- Revenue increased to 243767000 driven by higher copper sales volumes and prices.
- Net income was 4454000 while adjusted net income reached 41525000.
- Copper production totaled 30700000 pounds with improved grades of 0.26% and recoveries of 80.9%.
- Total operating costs (C1) decreased to 2.47 per pound in the quarter.
Headline financials
Revenue & EPS history
Taseko Mines · Revenue · Quarterly
$178M
Forward guidance
For 2026, Taseko expects higher copper production at Gibraltar of 110 to 115 million pounds and Florence Copper production of 30 to 35 million pounds as commercial ramp-up progresses.
Tailwinds
- Gibraltar copper production expected to increase to 110 to 115 million pounds in 2026.
- Florence Copper targeting 30 to 35 million pounds of copper cathode in 2026.
- Molybdenum production expected to remain strong with supportive prices above 20 per pound.
- Favorable offtake agreements with low TCRC rates for 2026.
- Hedging program in place to protect minimum copper prices.
Headwinds
- Head grades in Connector Pit have been lower than originally expected.
- Recoveries expected to average between 75% to 80% in 2026 due to oxide and supergene ore.
- Exposure to copper price volatility despite hedging.
- Execution risks during Florence ramp-up phase.
- Operational risks including mill downtime and site disruptions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2025
-0.2%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+1.2%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+20.1%
Q2 2020
Best reaction
-12.8%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.6% | +5.5% | — | |
| Q4 2025 | -4.4% | +4.7% | -28.6% | |
| Q3 2025 | -11.9% | -9.4% | +13.4% | |
| Q2 2025 | +0.3% | +2.9% | +10.4% | |
| Q1 2025 | -11.3% | -12.7% | +0.9% | |
| Q4 2024 | -0.5% | +4.8% | -12.9% | |
| Q3 2024 | +10.3% | -2.7% | -11.3% | |
| Q1 2024 | -2.4% | -6.3% | +9.7% | |
| Q2 2024 | +2.4% | -6.3% | +9.7% | |
| Q4 2023 | +8.1% | +6.8% | +47.8% | |
| Q3 2023 | +16.7% | +24.1% | +17.6% | |
| Q2 2023 | -2.8% | -5.6% | -0.7% | |
| Q1 2023 | -12.8% | -7.3% | -14.6% | |
| Q4 2022 | -3.6% | +3.6% | -8.5% | |
| Q3 2022 | +15.9% | +15.9% | +35.5% | |
| Q2 2022 | -3.8% | +3.8% | -1.0% | |
| Q1 2022 | -2.7% | -16.2% | -10.8% | |
| Q4 2021 | -3.7% | -0.5% | +22.0% | |
| Q3 2021 | +0.5% | +2.7% | -7.3% | |
| Q2 2021 | +0.6% | -5.5% | +6.6% | |
| Q1 2021 | +4.8% | +20.4% | +17.5% | |
| Q4 2020 | -7.1% | -12.2% | -12.2% | |
| Q3 2020 | -8.8% | -17.5% | -21.9% | |
| Q2 2020 | +20.1% | +13.0% | +49.3% | |
| Q1 2020 | +8.9% | +3.1% | +25.0% | |
| Q4 2019 | -7.6% | -9.1% | -50.0% | |
| Q3 2019 | +5.5% | +0.0% | -6.8% | |
| Q2 2019 | +2.1% | +2.3% | -2.3% | |
| Q1 2019 | -4.8% | -9.5% | -22.2% | |
| Q4 2018 | -5.0% | -6.7% | -3.3% | |
| Q3 2018 | +10.4% | +11.1% | +1.6% | |
| Q2 2018 | +3.5% | +2.7% | -2.7% | |
| Q1 2018 | -0.9% | -1.8% | -1.8% | |
| Q4 2017 | -11.0% | -9.2% | -32.9% | |
| Q3 2017 | -9.6% | -2.6% | -4.4% | |
| Q2 2017 | +3.4% | +10.1% | +35.6% | |
| Q1 2017 | -8.6% | -6.9% | +7.8% | |
| Q4 2016 | -2.8% | -4.2% | -12.7% | |
| Q3 2016 | +3.7% | +14.0% | +53.5% | |
| Q1 2016 | -2.0% | -8.8% | -21.1% | |
| Q2 2016 | -5.3% | -13.8% | -24.6% | |
| Q4 2015 | -4.7% | — | — | |
| Q3 2015 | -5.6% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | +2.7% | — | — | |
| Q3 2014 | -3.4% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | +0.5% | — | — | |
| Q4 2013 | +3.8% | — | — | |
| Q3 2013 | -1.5% | — | — | |
| Q2 2013 | +6.4% | — | — | |
| Q1 2013 | -2.5% | — | — | |
| Q4 2012 | +7.0% | — | — | |
| Q3 2012 | +0.9% | — | — | |
| Q2 2012 | +0.4% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | +4.8% | — | — | |
| Q3 2011 | -4.7% | — | — | |
| Q2 2011 | +2.1% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | -7.2% | — | — | |
| Q2 2010 | +4.3% | — | — | |
| Q1 2010 | +4.3% | — | — |
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