TGB Forecast + Trading Strategies


Bullish Case: Strong copper growth potential, Gibraltar mine consolidation boosts production, impressive mid-term price momentum, rapidly increasing revenue, and copper price buoyancy due to supply deficits and robust demand from key consumers like China.


Bearish Case: Potential overvaluation after recent surges, exposure to copper price fluctuations, operational risks at new projects (Florence), and market skepticism reflected by low P/S ratio despite high growth forecasts.


Potential Outcomes:

1. Copper price stability or rise (60%): Sustains profitability, enhances output.

2. Supply-chain disruptions (15%): Impacts operation costs, affects output.

3. Florence project advances smoothly (30%): Substantial revenue increase by 2025.


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April 30, 2024


Taseko Mines Forecast

TGB        Taseko Mines
Price Forecast: BULLISH    Price Action: TRENDING (?)











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