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.
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 |
Metrics to compare | TECK | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipTECKPeersSector | |
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P/E Ratio | 25.0x | 22.9x | −0.1x | |
PEG Ratio | −0.32 | 0.08 | 0.00 | |
Price/Book | 1.3x | 1.4x | 1.6x | |
Price / LTM Sales | 1.9x | 1.8x | 1.2x | |
Upside (Analyst Target) | 15.5% | 13.5% | 30.9% | |
Fair Value Upside | Unlock | 6.4% | 3.0% | Unlock |