Taseko Mines (TGB) Achieves Record 2025 Revenue Supported by Strong Copper and Molybdenum Sales

Taseko Mines Limited (NYSEAMERICAN:TGB) is one of the best Canadian stocks to buy under $20. On February 19, Taseko Mines achieved record financial results for 2025, reporting its highest-ever quarterly revenue of $244 million in Q4 and annual revenue of $673 million. This performance was supported by the sale of 99 million pounds of copper at an average realized price of $4.61 per pound, alongside $25 million in molybdenum revenue for the final quarter.

Operational milestones were highlighted by the commencement of copper production at Florence Copper, where initial leaching results and flow rates have exceeded expectations. However, the company faced challenges at its Gibraltar mine, including a fatal accident involving a contract worker and unscheduled mill downtime that limited throughput. Furthermore, the Connector pit at Gibraltar encountered unexpected oxide and supergene ore, leading management to adopt a more conservative outlook on copper grades for the upcoming year.

For 2026, Taseko Mines Limited (NYSEAMERICAN:TGB) forecasts Gibraltar’s copper production to increase to between 110 and 115 million pounds, while Florence Copper is expected to contribute an additional 30 to 35 million pounds during its ramp-up phase. Beyond copper, the company is progressing with permitting for the Yellowhead project and conducting technical work on its niobium assets, while engaging in ongoing discussions regarding potential joint ventures.

Taseko Mines Limited (NYSEAMERICAN:TGB) is a mining company that acquires and develops mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits.