Taseko Mines Full Year 2024 Earnings: EPS Misses Expectations

Taseko Mines (TSE:TKO) Full Year 2024 Results

Key Financial Results

• Revenue: CA$608.1m (up 16% from FY 2023).
• Net loss: CA$13.4m (down by 116% from CA$82.7m profit in FY 2023).
• CA$0.046 loss per share (down from CA$0.29 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Taseko Mines EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 5.8% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Taseko Mines' balance sheet.

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