Taseko Mines Ltd.TKO.TOBUYJun 30, 2026Stock price when the opinion was issued
As of Jun 30, 2026. Market Open.
Quite a volatile situation. Stock rallied recently on quite a good quarter and on the prospect that their big Prosperity mine was going to get permitted. Prosperity will create a ton of value for the company but unfortunately, there are a lot of environmental risks. If you are patient, you are going to do okay. With today’s pull back, this is a buying opportunity
They have a BC copper mine and a new one in Arizona. As they pay down debt and if copper prices rise, TKO will do better. The current price of TKO is good. Copper is needed as AI massively expands and more so into fibre optic cable.