Canaccord Lifts PT on Taseko Mines Ltd (TGB) to C$14

Taseko Mines Ltd (NYSEAMERICAN:TGB) is one of the best copper stocks to invest in now. On April 21, Canaccord lifted the price target on Taseko Mines Ltd (NYSEAMERICAN:TGB) to C$14 from C$13.50 while maintaining a Buy rating on the shares.

Is Taseko Mines Limited (TGB) the Best Copper Stock to Buy According to Wall Street Analysts?

In a separate development, Taseko Mines Ltd (NYSEAMERICAN:TGB) provided an operational update and first-quarter production results for Florence Copper and the Gibraltar Mine on April 14. It reported that Gibraltar produced a total of 30.0 million pounds of copper and 717 thousand pounds of molybdenum in the first quarter, reflecting a growth of 50% and 113% over the same period in 2025. Management stated that the copper grades in the quarter were in line with the life of mine average grade, and recoveries improved to 83%. However, copper sales in the quarter were 27 million pounds, slightly lower than production, primarily due to shipment timing.

Taseko Mines Ltd (NYSEAMERICAN:TGB) further stated that the results from Gibraltar reflected a solid quarter, with operating results generally in line with the company’s expectations. Production included 733 thousand pounds of copper cathode from the Gibraltar SX/EW plant, which operated continuously through the winter months.

Taseko Mines Ltd (NYSEAMERICAN:TGB) is a mining company involved in the acquisition, development, and operation of mineral deposits. The company holds an interest in the Gibraltar, Florence Copper, Aley Niobium, Yellowhead, New Prosperity, and Harmony projects.

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