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VANCOUVER, British Columbia (AP) _ Taseko Mines Ltd. (TGB) on Wednesday reported fourth-quarter net income of $3.8 million, after reporting a loss in the same period a year earlier.
The Vancouver, British Columbia-based company said it had net income of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 5 cents per share.
The metals mining company posted revenue of $70.9 million in the period.
For the year, the company reported that its loss narrowed to $23.7 million, or 11 cents per share. Revenue was reported as $199.3 million.
The company's shares closed at $1.40. A year ago, they were trading at 36 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGB at https://www.zacks.com/ap/TGB
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Keywords: Taseko Mines, Earnings Report
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Taseko Mines Ltd
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PRODUCER |
CODE : TKO.TO |
ISIN : CA8765111064 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Taseko is a copper and gold producing company based in Canada. Taseko produces copper, gold, molybdenum in Canada, develops copper and gold in Canada, and holds various exploration projects in Canada. Its main asset in production is GIBRALTAR MINE in Canada, its main asset in development is PROSPERITY in Canada and its main exploration properties are ALLEY and HARMONY in Canada. Taseko is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 768.9 millions as of today (US$ 559.2 millions, € 525.3 millions). Its stock quote reached its highest recent level on June 21, 1996 at CA$ 9.50, and its lowest recent point on July 11, 2003 at CA$ 0.25. Taseko has 226 150 000 shares outstanding. |