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Stock impact report

Taseko Reports Strong Fourth Quarter Financial Performance and $190 Million of Adjusted EBITDA for 2023 [Yahoo! Finance]

Taseko Mines, Ltd. (TGB) 
NASDAQ:AMEX Investor Relations: tasekomines.com/investors
Company Research Source: Yahoo! Finance
and filed on www.sedar.com . Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko's 87.5% owned Gibraltar Mine is located north of the City of Williams Lake in south-central British Columbia. Production and sales volumes stated in this release are on a 100% basis unless otherwise indicated. VANCOUVER, BC March 7, 2024 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") reports full year 2023 Adjusted EBITDA* of $190 million and Earnings from mining operations before depletion and amortization* of $207 million . Revenues for 2023 were $525 million , 34% higher than the prior year as a result of improved copper production and an increase in the Company's effective interest in the Gibraltar Mine, from 75% to 87.5%, in March 2023. Net income for the year was $83 million per share) and Adjusted net earnings* were $44 million per share). In the fourth quarter, Adjusted EBITDA* was $69 million and Show less Read more
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