Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 1040 West Georgia Street, Suite 1500 VANCOUVER BC V6E 4H1 |
Tel: | N/A |
Website: | https://www.tasekomines.com |
IR: | See website |
Key People | ||
Stuart Mcdonald President, Chief Executive Officer, Director | Bryce Hamming Chief Financial Officer | Richard Tremblay Chief Operating Officer |
Terry Morris Vice President - Operations | Brian Bergot Vice President - Investor Relations | Sean Magee Vice President - Corporate Affairs |
Robert Rotzinger Vice President - Capital Projects | Trevor R. Thomas Secretary |
Business Overview |
Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas. |
Financial Overview |
For the nine months ended 30 September 2024, Taseko Mines Ltd revenues increased 19% to C$440.3M. Net income decreased 83% to C$7.8M. Revenues reflect Copper contained in concentrate increase of 17% to C$420.7M, Treatment and refining costs decrease of 32% to C$11.3M, Other Rev from Biz Related Activ increase from -C$105K to C$2.4M. Net income was offset by Other Net Financial Income/Expenses increase from C$2.7M to C$19.4M (expense). |
Employees: | 233 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,390M as of Sep 30, 2024 |
Annual revenue (TTM): | $593.99M as of Sep 30, 2024 |
EBITDA (TTM): | $202.96M as of Sep 30, 2024 |
Net annual income (TTM): | $75.19M as of Sep 30, 2024 |
Free cash flow (TTM): | $186.65M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $546.21M as of Sep 30, 2024 |
Shares outstanding: | 304,453,862 as of Nov 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |