Why Taseko Mines Got Drilled By 7% Today
Shares of copper miner Taseko Mines (NYSEMKT: TGB) are down 7% as of 11:30 a.m. EDT, after dropping more than 11% at the market open. After a huge run in the stock price over the past six months, some investors are taking profits today. The copper miner reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $31.5 million and cash flow from operations of $31 million in its third quarter.