Did Business Growth Power Taseko Mines’ (TSE:TKO) Share Price Gain of 179%?

Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! For example, the Taseko Mines Limited (TSE:TKO) share price has soared 179% in the last year. Most would be very happy with that, especially in just one year! Also pleasing for shareholders was the 148% gain in the last three months. In contrast, the longer term returns are negative, since the share price is 29% lower than it was three years ago.

View our latest analysis for Taseko Mines

Given that Taseko Mines didn’t make a profit in the last twelve months, we’ll focus on revenue growth to form a quick view of its business development. When a company doesn’t make profits, we’d generally expect to see good revenue growth. That’s because fast revenue growth

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