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VANCOUVER, British Columbia (AP) _ Taseko Mines Ltd. (TGB) on Wednesday reported a loss of $13.4 million in its third quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring costs, were 1 cent per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share.
The metals mining company posted revenue of $67.8 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit 43 cents. A year ago, they were trading at $1.46.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGB at http://www.zacks.com/ap/TGB
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Keywords: Taseko Mines, Earnings Report
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Taseko Mines Ltd
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PRODUCER |
CODE : TKO.TO |
ISIN : CA8765111064 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Taseko is a copper producing company based in Canada. Taseko produces copper, molybdenum in Canada, develops copper and gold in Canada, and holds various exploration projects in Canada. Its main asset in production is GIBRALTAR MINE in Canada, its main asset in development is PROSPERITY in Canada and its main exploration properties are ALLEY and HARMONY in Canada. Taseko is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 655.8 millions as of today (US$ 481.8 millions, € 433.1 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. |