NEW YORK, Dec. 27, 2025, 7:37 p.m. ET — Market Closed (Weekend)
Taseko Mines Limited’s U.S.-listed shares (NYSE American: TGB) head into the new week with two powerful tailwinds in focus: a year-end metals rally that has pushed copper to fresh highs and a growing investor spotlight on Florence Copper, the company’s in-situ recovery project in Arizona that management has described as nearing key startup milestones. StockAnalysis
Because U.S. markets are closed for the weekend, investors will be looking to Monday’s session (Dec. 29) for the next “clean” read on sentiment—especially after Friday’s post-holiday trading featured thin liquidity across markets and outsized moves in commodities. Reuters
Where Taseko Mines stock closed Friday
Taseko Mines (TGB) ended Friday, Dec. 26, at $5.81, up $0.17 (+3.01%), according to end-of-day pricing data, after trading in a $5.69–$5.92 range. StockAnalysis
On Taseko’s home-market listing in Canada (TSX: TKO), the company’s investor pages showed the shares around C$7.73 over the weekend snapshot. (Prices can vary by venue, currency, and timing.) Taseko Mines
The big driver: copper surges, lifting the whole copper-miner complex
The copper backdrop is difficult to ignore right now. On Friday, copper futures in New York and Shanghai pushed sharply higher, with industry coverage noting Shanghai copper near 100,000 yuan/ton and Comex copper jumping to fresh highs as markets reacted to supply concerns and cross-market price spreads. Mining
That dynamic matters for Taseko because the company is primarily a copper producer and developer, anchored by the Gibraltar Mine in British Columbia and the Florence Copper project in Arizona. Taseko Mines
A key nuance for Monday: commodity-linked equities like TGB can gap at the open if copper futures move materially Sunday night into early Monday. Metals traders often attribute exaggerated late-December swings to reduced liquidity, which can amplify both rallies and pullbacks. Reuters
What the last 24–48 hours of news is saying about TGB
In the past 48 hours, most of the “fresh” headlines tied to Taseko have been market-action and positioning stories rather than new company press releases.
- Stock move + institutional activity: A MarketBeat recap dated Dec. 26 highlighted Taseko’s sharp Friday move and pointed to recent institutional position changes as part of the narrative around the name. MarketBeat
- Macro backdrop (risk appetite + metals): Reuters described a post-Christmas session where major U.S. indexes finished near record territory amid expectations around rates and continued strength in metals markets. Reuters
- Copper at the center of attention: Mining.com’s Dec. 26 coverage framed copper’s jump as a catch-up move after LME action and detailed the day’s surge in both Shanghai and Comex contracts. Mining
- Sector read-through from major miners: Barron’s coverage of copper’s surge noted broader strength in miner stocks and included commentary from Capital Economics’ David Oxley, who cautioned that demand—particularly from China—could soften in 2026 even as tight supply conditions persist near-term. Barron’s
Notably, Taseko has not posted a new corporate news release within the last 48 hours on its investor news feed; the most recent items there are dated earlier (e.g., November). Taseko Mines
Florence Copper: why the market keeps coming back to this catalyst
For many investors, the near-term “story” in Taseko is the transition from being largely a single-asset producer (Gibraltar) to a company with a second operating asset in the U.S.
On Taseko’s Florence Copper project page, the company says first copper is expected by early 2026, with the operation designed to produce LME Grade A copper cathode and a stated capacity of 85 million pounds per year over a 22-year mine life when fully operational. Taseko Mines
In an Oct. 15 corporate update, Taseko said final regulatory approvals had been received and that the operating team was commencing wellfield operations, describing this as a key startup step for the commercial facility. The company also stated at that time that first copper cathode was expected in about three months, while commissioning of the SX/EW plant would run in parallel. Taseko Mines
CEO Stuart McDonald called the start of wellfield operations a “fantastic milestone” and emphasized the pace of execution—language investors tend to interpret as management confidence going into ramp-up. Taseko Mines
Gibraltar Mine: the cash-flow engine that still matters day-to-day
While Florence grabs headlines, Gibraltar remains central to near-term performance and quarterly results.
Taseko describes Gibraltar as the second largest open-pit copper mine in Canada, with processing capacity around 85,000 tons per day, and says the asset is expected to support copper and molybdenum production until at least 2044. Taseko Mines
Operationally, in its Oct. 15 update (covering third-quarter operational results), Taseko reported Q3 copper production of 27.6 million pounds and guided to 2025 annual production of 100–105 million pounds of copper, while noting expectations for improved grades and output in the fourth quarter even as it acknowledged earlier production shortfalls. Taseko Mines
Forecasts, analyst coverage, and what consensus looks like right now
Analyst coverage exists—but “consensus” can look different depending on whether you’re reading U.S.-listing estimates, Canadian broker notes, or third-party aggregators.
Who covers the company (per Taseko):
Taseko’s own analyst-coverage list includes named analysts and firms such as Shane Nagel (National Bank Financial), Craig Hutchison (TD Securities), Rene Cartier (BMO) and others. Taseko Mines
Earnings calendar focus:
TipRanks lists Taseko’s next earnings report date as Feb. 25, 2026 (after close, confirmed) and shows a consensus EPS forecast of 0.09 for the period ending 2025 (Q4), alongside a “Strong Buy” consensus label based on its tracked analyst ratings. TipRanks
Investing.com also points to Feb. 25, 2026 for the next report and posts a revenue forecast figure on its earnings page. Investing
Price targets and rating snapshots (why they differ):
- For the TSX listing (TKO), MarketBeat shows an average target around C$6.75 (with a C$8.50 high target cited), and it details specific broker actions it tracks (including National Bank and TD Securities references). MarketBeat
- For the U.S. listing (TGB), some aggregators show more conservative target framing (and some targets may be dated), which can create a “mixed” picture across platforms. MarketBeat
- A Nasdaq.com item (sourced from Fintel) reported that National Bank Financial maintained an Outperform stance in December and summarized an average one-year price target estimate set based on that dataset’s methodology. Nasdaq
Taken together, the key investor takeaway is that targets and ratings vary materially by source and methodology, so the more durable signal for Monday may be how TGB trades relative to copper futures and whether investors continue to pay up for the Florence ramp-up narrative.
What investors should watch before the next session opens
With the market closed right now, here are the practical items that may shape TGB at Monday’s open:
- Copper futures direction into Sunday night / Monday morning
Copper’s recent spike has been a primary catalyst for the whole group. Futures market hours and holiday liquidity can still produce sharp moves that equities “catch up to” at the open. Mining - Macro tone: year-end liquidity + risk sentiment
Reuters characterized Friday’s session as muted, post-holiday trade with indexes near records—conditions where small flows can move prices more than usual. Reuters - No new company release over the weekend (so far)
Since there hasn’t been a fresh corporate news release in the last couple of days, Monday’s action is more likely to be commodity- and sector-driven unless something breaks before the bell. Taseko Mines - Florence Copper milestone tracking
Investors will remain sensitive to any signals about commissioning progress and early operational performance, given Taseko’s statements about the start of wellfield operations and expected first cathode timing. Taseko Mines - Positioning and volatility risk
In this kind of tape—strong run-ups, thin liquidity, big commodity moves—gap risk increases. That’s especially true for smaller-cap materials names that can move quickly on incremental flows.
Bottom line
Taseko Mines stock (TGB) is heading into Monday’s session with momentum after a strong Friday close, but the near-term setup hinges on whether copper’s record run extends—or cools—once markets reopen. With no fresh company press releases in the last 48 hours, the next move may be dictated more by copper futures and broad materials sentiment than by company-specific headlines, even as investors keep a close eye on Florence Copper as the company’s defining catalyst for 2026. Taseko Mines
This article is for informational purposes only and is not investment advice.
