Teck Resources Ltd Class B (TECK)

NYSE
Currency in USD
33.84
+1.11(+3.39%)
Closed·
After Hours
34.20+0.32(+0.94%)
·
TECK Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected tomorrow
Fair Value
Day's Range
33.1034.48
52 wk Range
28.3254.69
Key Statistics
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Prev. Close
33.84
Open
33.4
Day's Range
33.1-34.48
52 wk Range
28.32-54.69
Volume
3.64M
Average Vol. (3m)
3.85M
1-Year Change
-25.53%
Book Value / Share
35.45
Fair Value
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Fair Value Upside
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TECK Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
Currently not supported.
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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Teck Resources Ltd Class B Company Profile

Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. The company operates through Copper and Zinc segments. It offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. The company also produces lead, precious metals, molybdenum, fertilizers, and other metals; and sells refined metals or concentrates. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is based in Vancouver, Canada.

Employees
7200

Teck Resources Ltd Class B SWOT Analysis


Strategic Positioning
Teck's focus on critical minerals in low-risk regions, coupled with a significant share buyback program, signals confidence in future growth
QB2 Mine Challenges
Geotechnical issues at QB2 pit impact production guidance, presenting operational risks amid the transition to hypogene ore processing
Financial Resilience
Strong Q2 2024 results showcase robust EBITDA and healthy liquidity, with upward revisions in revenue and EPS projections for fiscal year 2024
Copper-Centric Shift
Teck Resources pivots towards copper, divesting coal assets to align with green technology trends and improve ESG profile
Read full SWOT analysis

Teck Resources Ltd Class B Earnings Call Summary for Q3/2024

  • Teck Resources transitions to pure play energy metals, sells steelmaking coal interests; record $720M shareholder return in Q3
  • Debt reduced by $1.5B to net cash of $1.8B; adjusted EBITDA doubles YoY; $828M impairment on Trail operations
  • Record copper production of 52,500 tonnes in Q3; guidance narrowed to 420,000-455,000 tonnes for 2024
  • Zinc gross profit rises to $358M; share buybacks to continue at ~$400M per quarter into 2025
  • Near-term copper projects progressing for 2025 sanctioning; focus on QB operations ramp-up and Trail profitability
Last Updated: 10/24/2024, 06:09 PM
Read Full Transcript

Compare TECK to Peers and Sector

Metrics to compare
TECK
Peers
Sector
Relationship
P/E Ratio
−29.4x17.6x−0.1x
PEG Ratio
0.360.020.00
Price / Book
0.9x1.5x1.6x
Price / LTM Sales
2.6x1.8x1.2x
Upside (Analyst Target)
28.2%26.1%33.7%
Fair Value Upside
Unlock8.7%4.3%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -1.55%
Dividend Yield
1.06%
Industry Median 3.33%
Annualized Payout
0.35
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Feb 20, 2025
EPS / Forecast
0.45 / 0.37
Revenue / Forecast
2.79B / 2.47B
EPS Revisions
Last 90 days

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FAQ

What Is the Teck Resources B (TECK) Stock Price Today?

The Teck Resources B stock price today is 33.84

What Stock Exchange Does Teck Resources B Trade On?

Teck Resources B is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Teck Resources B?

The stock symbol for Teck Resources B is "TECK."

Does Teck Resources B Pay Dividends? What’s The Current Dividend Yield?

The Teck Resources B dividend yield is 1.03%.

What Is the Teck Resources B Market Cap?

As of today, Teck Resources B market cap is 17.02B.

What is Teck Resources B Earnings Per Share?

The Teck Resources B EPS is -1.55.

What Is the Next Teck Resources B Earnings Date?

Teck Resources B will release its next earnings report on Apr 24, 2025.

From a Technical Analysis Perspective, Is TECK a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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