Taseko Mines (TGB) Soars 14.5% on Project Vault, Ahead of Earnings

We recently published 10 Stocks Crushing Wall Street With Massive Gains. Taseko Mines Ltd. (NYSEAmerican:TGB) was one of the top performers on Tuesday.

Taseko Mines grew its share prices by 14.53 percent on Tuesday to close at $8.83 apiece as investors positioned portfolios in mining stocks amid updates to the US government’s Project Vault program, while increasing exposure ahead of the results of its earnings performance for the fourth quarter and full-year 2025.

Based on its historical earnings reporting dates, Taseko Mines Ltd. (NYSEAmerican:TGB) will announce its financial and operating highlights between the third and fourth weeks of this month.

Sentiment was further supported by an earlier optimistic outlook for the fourth quarter, with the company targeting increases in copper head grades and recoveries during the period.

For full-year 2025, Taseko Mines Ltd. (NYSEAmerican:TGB) targets to report copper production between 100 million and 105 million pounds.

Molybdenum production is also expected to further improve, reflecting expectations of higher molybdenum grades and recoveries from its Connector pit ore.

Taseko Mines Ltd. (NYSEAmerican:TGB) currently has offtake agreements covering substantially all of Gibraltar’s copper concentrate production for 2025 and 2026.

Meanwhile,the company rallied alongside its mining peers following the US government’s plan to stock up on 50 mineral resources identified by the Interior Department as critical, which included copper, rare earths, lithium, and uranium, among others.

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Disclosure: None. This article is originally published at Insider Monkey.