Teck Resources Ltd Class B (TECK)

NYSE
Currency in USD
43.16
+0.66(+1.55%)
Real-time Data
TECK Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 14 days
Fair Value
Day's Range
42.9843.40
52 wk Range
36.2154.69
Key Statistics
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Prev. Close
42.5
Open
43.14
Day's Range
42.98-43.4
52 wk Range
36.21-54.69
Volume
613.43K
Average Volume (3m)
2.65M
1-Year Change
10.7%
Book Value / Share
35.61
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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Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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Teck Resources Ltd Class B Company Profile

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. 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. The company was founded in 1913 and is headquartered in Vancouver, Canada.

Employees
12600

Teck Resources Ltd Class B SWOT Analysis


Copper-Centric Shift
Explore Teck Resources' strategic pivot to copper, driven by the $6.9B coal business sale and QB2 mine development, positioning for green tech demand
Financial Resilience
Delve into Teck's robust financials, with strong EBITDA and liquidity, as analysts project revenue of C$16,518M and EPS of C$7.30 for fiscal 2024
Operational Hurdles
Learn about challenges at QB2, including geotechnical issues affecting production, while the company focuses on stabilizing operations and achieving targets
Market Positioning
Discover Teck's evolving market strategy, including a C$2.75B share buyback plan and potential M&A activities, amid a favorable copper market outlook
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: 10/25/2024, 06:16 AM
Read Full Transcript

Compare TECK to Peers and Sector

Metrics to compare
TECK
Peers
Sector
Relationship
P/E Ratio
25.0x22.9x−0.1x
PEG Ratio
−0.320.080.00
Price/Book
1.3x1.4x1.6x
Price / LTM Sales
1.9x1.8x1.2x
Upside (Analyst Target)
15.5%13.5%30.9%
Fair Value Upside
Unlock6.4%3.0%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.945
Dividend Yield
0.84%
Industry Median 3.25%
Annualized payout
0.3525
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Oct 24, 2024
EPS / Forecast
0.60 / 0.36
Revenue / Forecast
2.86B / 2.77B
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 43.16

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 0.83%.

What Is the Teck Resources B Market Cap?

As of today, Teck Resources B market cap is 22.07B.

What is Teck Resources B Earnings Per Share?

The Teck Resources B EPS is 0.945.

What Is the Next Teck Resources B Earnings Date?

Teck Resources B will release its next earnings report on Feb 19, 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 Strong Buy.
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