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Stock impact report

Taseko Mines (TGB) Earnings Miss Estimates in Q4, Rise Y/Y [Yahoo! Finance]

Taseko Mines, Ltd. (TGB) 
NASDAQ:AMEX Investor Relations: tasekomines.com/investors
Company Research Source: Yahoo! Finance
The bottom line marked a solid improvement from adjusted earnings of 1 cent in the year-ago quarter, aided by the solid performance of the Gibraltar mine. Including one-time items, TGB reported earnings of 17 cents per share in the fourth quarter of 2023 against a loss of 1 cent in the fourth quarter of 2022. Taseko Mines's revenues were $113 million in the quarter under review, up 54% from the year-ago quarter. Taseko Mines Limited Price, Consensus and EPS Surprise Taseko Mines Limited price-consensus-eps-surprise-chart | Taseko Mines Limited Quote The cost of sales rose 28.5% year over year to CAD94 million ($69 million). The gross profit was CAD$59.8 million ($44 million), up 117% from the year-ago quarter. The gross margin was 38.9% compared with the year-ago quarter's 27.3%. The adjusted EBITDA was CAD$69 million ($51 million), which marked 96% growth from the year-earlier period. The EBITDA margin was 45% in the quarter under review compared with the year-ago quarter Show less Read more
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