AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Taseko Mines (TSX:TKO) reported third quarter production gains, with tons mined and milled up from last year. The company's share price has seen impressive momentum, with a 132.9% year-to-date return. However, the fair value estimate based on the most popular narrative now stands higher than the last close price, setting up a debate between soaring share momentum and current fundamentals. The fair value hinges on aggressive production milestones, sharper profits, and an earnings leap that rewrites previous expectations. The DCF model puts Taseko Mines' fair value far above its current share price, indicating a significant undervaluation.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet