Taseko Reports Third Quarter 2024 Operational Performance and $48 Million of Adjusted EBITDA
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Taseko Mines Limited reported its third quarter 2024 financial results, highlighting an adjusted EBITDA of $48 million and revenues of $156 million from copper and molybdenum sales. The company recorded a net loss of $0.2 million but achieved an adjusted net income of $8 million.
November 07, 2024 | 1:15 am
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Taseko Mines Limited reported a strong operational performance for Q3 2024 with $48 million in adjusted EBITDA and $156 million in revenues. Despite a net loss, the adjusted net income was $8 million.
The strong adjusted EBITDA and revenues indicate solid operational performance, which is positive for Taseko Mines. The adjusted net income suggests underlying profitability despite the net loss, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100