TECK icon

Teck Resources

42.12 USD
+1.63
4.03%
At close Mar 14, 4:00 PM EDT
After hours
41.93
-0.19
0.45%
1 day
4.03%
5 days
8.19%
1 month
-2.23%
3 months
-1.45%
6 months
-10.50%
Year to date
2.93%
1 year
-5.94%
5 years
409.93%
10 years
65.31%
 

About: Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024.

Employees: 7,200

0
Funds holding %
of 7,372 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

149% more call options, than puts

Call options by funds: $450M | Put options by funds: $180M

2.55% more ownership

Funds ownership: 64.53% [Q3] → 67.08% (+2.55%) [Q4]

7% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 83

3% less funds holding

Funds holding: 535 [Q3] → 519 (-16) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 180

19% less capital invested

Capital invested by funds: $17.2B [Q3] → $14B (-$3.22B) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 20 [Q3] → 15 (-5) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$51
21%
upside
Avg. target
$58
37%
upside
High target
$64
52%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
B of A Securities
Lawson Winder
57% 1-year accuracy
8 / 14 met price target
52%upside
$64
Buy
Maintained
10 Mar 2025
JP Morgan
Bill Peterson
47% 1-year accuracy
17 / 36 met price target
21%upside
$51
Overweight
Maintained
16 Jan 2025

Financial journalist opinion

Based on 8 articles about TECK published over the past 30 days

Neutral
GlobeNewsWire
1 week ago
Teck Announces Investment in Bunker Hill as part of Trail Margin Optimization
VANCOUVER, British Columbia, March 06, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced an agreement with Bunker Hill Mining Corp. (“Bunker Hill”) for a US$40-million equity investment intended to enhance the North American critical minerals supply chain by securing high-quality, cost-competitive zinc and lead concentrate from Idaho's Silver Valley to feed Teck's Trail Operations (“Trail”). The investment is subject to various closing conditions, including completion of certain restructuring transactions and a marketed private placement by Bunker Hill and receipt of all necessary stockholder, regulatory and stock exchange approvals.
Teck Announces Investment in Bunker Hill as part of Trail Margin Optimization
Positive
Zacks Investment Research
2 weeks ago
Teck Resources Q4 Earnings Beat Estimates, Sales Improve Y/Y
TECK Q4 top line reflects gains from record copper production in the quarter.
Teck Resources Q4 Earnings Beat Estimates, Sales Improve Y/Y
Neutral
Seeking Alpha
3 weeks ago
The Stocks And ETFs Driving Trump's Tariff Target Markets
Trump's tariffs cause short-term volatility, but long-term market impact is minimal; earnings remain the key focus for investors. The three countries in questions are Canada, China, and Mexico. This blog dives into several major companies domiciled in one of those three countries. In the long-term scheme of things the fundamentals of the companies behind these ADRs and stocks are likely to be more deterministic than any geopolitical factors.
The Stocks And ETFs Driving Trump's Tariff Target Markets
Neutral
GlobeNewsWire
3 weeks ago
Teck to Present at the BMO Global Metals, Mining & Critical Minerals Conference February 24, 2025
VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer Jonathan Price, will be presenting at the BMO Global Metals, Mining & Critical Minerals conference on Monday, February 24, 2025 at 2:00 p.m. Eastern/11:00 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.
Teck to Present at the BMO Global Metals, Mining & Critical Minerals Conference February 24, 2025
Neutral
Seeking Alpha
3 weeks ago
Teck Resources Limited (TECK) Q4 2024 Earnings Call Transcript
Teck Resources Limited (NYSE:TECK ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Emma Chapman – Vice President, Investor Relations Jonathan Price – Chief Executive Officer Crystal Prystai – Chief Financial Officer Conference Call Participants Orest Wowkodaw – Scotiabank Carlos De Alba – Morgan Stanley Liam Fitzpatrick – Deutsche Bank Craig Hutchison – TD Cowen Lawson Winder – Bank of America Securities Myles Allsop – UBS Bill Peterson – JPMorgan Operator Ladies and gentlemen, thank you for standing by. Welcome to Teck's Fourth Quarter 2024 Earnings Release Conference Call.
Teck Resources Limited (TECK) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Teck Resources Ltd (TECK) Q4 Earnings and Revenues Top Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $1.02 per share a year ago.
Teck Resources Ltd (TECK) Q4 Earnings and Revenues Top Estimates
Neutral
GlobeNewsWire
3 weeks ago
Teck Reports Unaudited Fourth Quarter Results for 2024
Record annual copper production and $1.8 billion returned to shareholders this year Record annual copper production and $1.8 billion returned to shareholders this year
Teck Reports Unaudited Fourth Quarter Results for 2024
Neutral
GlobeNewsWire
3 weeks ago
Teck Announces Dividend
VANCOUVER, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on March 31, 2025 to shareholders of record at the close of business on March 14, 2025.
Teck Announces Dividend
Negative
Zacks Investment Research
4 weeks ago
Analysts Estimate Teck Resources Ltd (TECK) to Report a Decline in Earnings: What to Look Out for
Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts Estimate Teck Resources Ltd (TECK) to Report a Decline in Earnings: What to Look Out for
Neutral
GlobeNewsWire
1 month ago
Teck to Release Fourth Quarter 2024 Results on February 20, 2025
VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its fourth quarter 2024 earnings results before market open on Thursday, February 20, 2025.
Teck to Release Fourth Quarter 2024 Results on February 20, 2025
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