Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAngelica BallesterosSat, June 13, 2026 at 8:01 AM GMT+2 2 min readTaseko Mines Ltd. (NYSEAmerican:TGB) is one of the 10 Stocks That Absolutely Exploded Higher.Taseko Mines grew its share prices by 9.49 percent on Friday to finish at $7.50 apiece, as investors positioned their portfolios amid reiteration of its ongoing expansion initiatives.This followed a notice to investors that Taseko Mines Ltd. (NYSEAmerican:TGB) would hold an annual shareholders’ meeting on June 24, 2026, where it would seek the approval of its shareholders for its plan to change its corporate name to Trekor Metals Limited, among other corporate resolutions.Photo by Tima Miroshnichenko on PexelsThe name change was in line with plans to expand its metal asset base and growing operational footprint across North America.The rally can also be partly attributed to the continuing demand growth for copper products, which play a key role in the rapidly developing AI and power sectors.In other recent news, Taseko Mines Ltd. (NYSEAmerican:TGB) said it swung to a net income of CA$16.8 million in the first quarter of the year from a CA$28.56 million net loss in the same period last year.Revenues also increased by 70.5 percent to CA$237 million from CA$139 million year-on-year.Headquartered in Vancouver, Canada, Taseko Mines Ltd. (NYSEAmerican:TGB) is engaged in the production of copper for the North American market.While we acknowledge the potential of TGB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info