Quarterly ResultAug 6, 2026, 06:10 AM
Trekor Metals Q2 Revenue Cdn$330.6M; Net Income Cdn$22.2M
AI Summary
Trekor Metals Limited, formerly Taseko Mines Limited, reported strong financial results for Q2 2026, with revenues soaring to Cdn$330.6 million and cash flows from operations reaching Cdn$183.4 million. Net income was Cdn$22.2 million, and Adjusted EBITDA* significantly improved to Cdn$125.1 million. The company's Gibraltar mine and Florence Copper project contributed to increased copper production, and strategic developments included the Yellowhead project advancing to environmental assessment. The company also completed a legal name change to Trekor Metals Limited.
Key Highlights
- Trekor Metals Limited (formerly Taseko Mines Limited) reported Q2 2026 revenues of Cdn$330.6 million, up from Cdn$116.1 million in Q2 2025.
- Net income for Q2 2026 was Cdn$22.2 million (Cdn$0.06 per share), compared to Cdn$21.9 million (Cdn$0.07 per share) in Q2 2025.
- Cash flows from operations significantly increased to Cdn$183.4 million in Q2 2026 from Cdn$26.0 million in Q2 2025.
- Adjusted EBITDA* reached Cdn$125.1 million in Q2 2026, a substantial increase from Cdn$17.4 million in Q2 2025.
- Gibraltar mine produced 30.3 million pounds of copper in Q2 2026, while Florence Copper produced 5.2 million pounds of copper cathode.
- The company changed its legal name from Taseko Mines Limited to Trekor Metals Limited on June 25, 2026.
- Submitted a Detailed Project Description for the Yellowhead project, which received a Notice of Decision to proceed to environmental assessment.
- Cash balance stood at Cdn$186 million with total available liquidity of Cdn$342 million as of June 30, 2026.
Price Impact
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