Apr. 22 at 7:02 PM
$TGB "Taseko Mines Limited (TGB) is up approximately 3.9% today, trading at
$7.375 as of April 22, 2026. This gain follows a broader rally in the copper sector, fueled by an extension of a ceasefire in the Middle East and a positive analyst update for the company.
Copper prices rose over 2% today to ~
$6.13/lb. Sentiment improved globally after an extension of the Iran ceasefire eased risks to energy costs and shipping.
On April 21, Canaccord Genuity raised its price target for TGB to
$14.00 (reiterating a "Buy" rating), citing strong execution at the company's projects.
Investors are reacting to recent updates from the Florence Copper project in Arizona, which harvested its first copper cathodes in late February and is currently in a successful ramp-up phase.
Production at the cornerstone Gibraltar mine is rebounding after operational issues in 2025, with 2026 guidance forecasting a 10–15% increase in output. Schwab PT
$9.21"