Should You Consider Adding Taseko Mines (TGB) to Your Portfolio?

Diamond Hill Capital, an investment management company, released its “Small-Mid Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q2, the market surged uniformly for the rest of the quarter following a sharp decline in April due to President Trump’s “Liberation Day” tariffs announcement. The portfolio returned 5.60% (gross) and 5.37% (net) compared to an 8.59% return for the Russell 2500 Index. For more information on the fund’s top picks in 2025, please check its top five holdings.

In its second-quarter 2025 investor letter, Diamond Hill Small-Mid Cap Fund highlighted stocks such as Taseko Mines Limited (NYSE:TGB). Taseko Mines Limited (NYSE:TGB) is a mining company that operates mineral properties. The one-month return of Taseko Mines Limited (NYSE:TGB) was 0.93%, and its shares gained 43.42% of their value over the last 52 weeks. On August 15, 2025, Taseko Mines Limited (NYSE:TGB) stock closed at $3.27 per share, with a market capitalization of $1.039 billion.

Diamond Hill Small-Mid Cap Fund stated the following regarding Taseko Mines Limited (NYSE:TGB) in its second quarter 2025 investor letter:

“Despite markets’ relatively sharp bounce following April’s downward volatility, we were able to initiate several new positions in the quarter at what we consider compelling valuations: Generac Holdings, Alaska Air Group, Knife River Corporation, Taseko Mines Limited (NYSE:TGB), Century Communities and FTI Consulting.

Taseko Mines is a Canada-based copper mining company. Its Florence copper project in Arizona, which is expected to come online at the end of 2025, is expected to generate attractive free cash flows in the period ahead. We capitalized on an attractive share price relative to the outlook to initiate a position.”

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

Aerial view of the Yellowhead copper project, the scale of the landscape revealed.

Taseko Mines Limited (NYSE:TGB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 10 hedge fund portfolios held Taseko Mines Limited (NYSE:TGB) at the end of the first quarter, which was 12 in the previous quarter. While we acknowledge the risk and potential of Taseko Mines Limited (NYSE:TGB) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Taseko Mines Limited (NYSE:TGB) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Taseko Mines Limited (NYSE:TGB) and shared the list of best gold penny stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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