Trekor Metals: Florence Is Only The Beginning

Mountain Valley Value Investments 3.75K Followers Follow Summary Trekor Metals is rated a buy, with strong production growth from the Florence and Gibraltar mines and significant upside to NAV. Florence ramp-up is on track, targeting 85 Mlb annual copper by 2028, supporting a >50% increase in total production at industry-low costs. TGB trades at a forward EV/EBITDA of 9.08, in line with peers, but its tier-1 jurisdictions and growth pipeline justify a premium. Valuation suggests ~51% upside to NAV per share, with future projects like Yellowhead and Aley providing additional long-term optionality. FabrikaCr/iStock via Getty Images Introduction Just over two years ago, I wrote my initial article on Trekor Metals Limited ( TGB ) ( TKO:CA ), at the time known as Taseko Mines. I stated the company appeared undervalued, trading at a discount to peers, with the 70% production This article was written by Mountain Valley Value Investments 3.75K Followers Follow Mountain Valley Value Investments specializes in identifying undervalued companies with strong growth potential across various sectors. Focused on long-term value and buying at the right price, we leverage deep industry insights and rigorous analysis to uncover opportunities with the potential to deliver strong returns. Our investment philosophy is rooted in disciplined research and a commitment to highlighting risks that may impact the thesis. We aim to provide our readers with actionable investment ideas that stand the test of time. Follow us for in-depth analysis and thoughtful perspectives on high-potential stocks. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.