Taseko Mines Limited (TGB) saw its stock plummet 5.36% in intraday trading on Friday, following the release of its full-year 2024 earnings results that missed analyst expectations.
According to the report, the Canadian mining company reported a net loss of CA$13.4 million for the fiscal year 2024, a significant decline from the CA$82.7 million profit in the previous year. Earnings per share (EPS) came in at a loss of CA$0.046, well below analysts' estimates.
Despite a 16% year-over-year increase in revenue to CA$608.1 million, driven by strong demand for its metal products, the company's profitability was impacted by higher operating costs and a challenging macroeconomic environment.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。