Summary

48.18 0.28(0.58%)07/01/2024
Teck Resources Ltd (TECK)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.580.05-6.374.1517.5613.36115.551,389.83


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Trading Data
Close48.18
Open49.01
High49.14
Low48.05
Volume1,462,469
Change0.28
Change %0.58
Avg Volume (20 Days)2,019,841
Volume/Avg Volume (20 Days) Ratio0.72
52 Week Range34.38 - 55.13
Price vs 52 Week High-12.61%
Price vs 52 Week Low40.14%
Range-1.69
Gap Up/Down-0.05
Fundamentals
Market Capitalization (Mln)24,582
EBIDTA4,144,000,000
PE Ratio20.1952
PEG Ratio2.0200
WallStreet Target Price32.38
Book Value40.3940
Earnings Per Share1.3320
EPS Estimate Current Quarter1.2000
EPS Estimate Next Quarter1.6200
EPS Estimate Current Year4.7100
EPS Estimate Next Year4.7000
Diluted EPS (TTM)1.3320
Revenues
Profit Marging0.0788
Operating Marging (TTM)0.1996
Return on asset (TTM)0.0341
Return on equity (TTM)0.0420
Revenue TTM11,635,000,320
Revenue per share TTM21.8800
Quarterly Revenue Growth (YOY)0.7330
Quarterly Earnings Growth (YOY)12.7270
Gross Profit (TTM)1,333,000,000
Dividends
Dividend Share0.2000
Dividend Yield0.0074
Valuations
Trailing PE20.1952
Forward PE6.1501
Price Sales (TTM)0.0000
Price Book (MRQ)0.8530
Revenue Enterprise Value 1.8490
EBITDA Enterprise Value6.3913
Shares
Shares Outstanding525,400,000
Shares Float466,470,020
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)0.30
Institutions (%)68.14


06/26 18:24 EST - globenewswire.com
Teck Named to 2024 Best 50 Corporate Citizens in Canada
VANCOUVER, British Columbia, June 26, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) has been named as one of Corporate Knights' 2024 Best 50 Corporate Citizens in Canada. This marks the 18th consecutive year Teck has been named as one of the Best 50 companies by Corporate Knights.
06/05 15:44 EST - proactiveinvestors.com
What's next for Teck Resources after Glencore deal?
Teck Resources Ltd (TSX:TECK.B)'s sale of its interest in EVR to Glencore marks its shift into a pure-play base metals miner, boosting its balance sheet strength and potential for capital returns, according to analysts who also see potential undervaluation in its shares. The move also positions the company favorably in terms of its organic growth pipeline, according to analysts.
05/28 13:07 EST - barrons.com
The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.
Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.
05/20 07:28 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Sells 400 Shares of Teck Resources Limited (NYSE:TECK)
Meridian Wealth Management LLC trimmed its position in shares of Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,104 shares of the basic materials company’s stock after selling 400 shares during the period. Meridian Wealth Management LLC’s holdings in Teck Resources were worth $301,000 at the end of the most recent reporting period. Other large investors also recently modified their holdings of the company. Wealthsource Partners LLC grew its position in shares of Teck Resources by 4.0% during the third quarter. Wealthsource Partners LLC now owns 7,747 shares of the basic materials company’s stock worth $334,000 after purchasing an additional 300 shares in the last quarter. Shell Asset Management Co. boosted its position in shares of Teck Resources by 2.9% during the third quarter. Shell Asset Management Co. now owns 13,649 shares of the basic materials company’s stock worth $590,000 after acquiring an additional 386 shares during the last quarter. Allworth Financial LP grew its stake in Teck Resources by 17.9% during the third quarter. Allworth Financial LP now owns 2,558 shares of the basic materials company’s stock valued at $110,000 after acquiring an additional 388 shares in the last quarter. Cigna Investments Inc. New increased its holdings in Teck Resources by 4.6% in the 4th quarter. Cigna Investments Inc. New now owns 8,800 shares of the basic materials company’s stock valued at $374,000 after acquiring an additional 391 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Teck Resources by 4.1% in the 3rd quarter. Kestra Advisory Services LLC now owns 11,511 shares of the basic materials company’s stock worth $496,000 after purchasing an additional 455 shares in the last quarter. Hedge funds and other institutional investors own 78.06% of the company’s stock. Teck Resources Trading Up 3.8 % TECK opened at $53.79 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.49 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $47.46 and its two-hundred day moving average is $41.76. The company has a market capitalization of $27.51 billion, a P/E ratio of 23.80, a PEG ratio of 11.92 and a beta of 1.12. Teck Resources Limited has a 52 week low of $34.38 and a 52 week high of $53.84. Teck Resources (NYSE:TECK – Get Free Report) (TSE:TECK) last posted its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.31). Teck Resources had a net margin of 10.59% and a return on equity of 7.52%. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. Analysts forecast that Teck Resources Limited will post 2.18 earnings per share for the current year. Teck Resources Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be given a $0.0911 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Monday, June 17th. Teck Resources’s payout ratio is 16.37%. Analysts Set New Price Targets Several equities analysts have weighed in on the company. Benchmark raised their price target on Teck Resources from $50.00 to $52.00 and gave the company a “buy” rating in a report on Monday, April 8th. Morgan Stanley restated an “overweight” rating and issued a $55.00 price target on shares of Teck Resources in a research report on Thursday, April 11th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Teck Resources from $44.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 17th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $57.86. Get Our Latest Stock Report on Teck Resources Teck Resources Profile (Free Report) 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.
05/13 14:02 EST - schaeffersresearch.com
Bull Signal Could Push Commodity Stock Above 13-Year Highs
Class B shares of  mining and mineral development company Teck Resources Ltd (NYSE:TECK) might be 0.5% lower at $51.46 this afternoon, but they're hovering near yesterday's intraday high of $52.45 -- the stock's highest mark since May 2011.
05/07 17:49 EST - globenewswire.com
Teck to Present at the BofA Securities 2024 Global Metals, Mining and Steel Conference
VANCOUVER, British Columbia, May 07, 2024 (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 BofA Securities 2024 Global Metals, Mining and Steel conference on Tuesday, May 14, 2024 at 11:45 a.m. Eastern/8:45 a.m. Pacific time. The investor presentation will focus on maximizing value for shareholders and include information on company strategy, financial performance, and outlook.
05/01 23:12 EST - seekingalpha.com
Teck Resources: We Still See Potential For Further Gains
Teck Resources has had a spectacular run since we initiated our "Strong Buy". In just three months, TECK has achieved a total return of 23.2%. Our base case scenario sees copper prices matching previous bull markets. This translates into potentially another 40% gain for copper prices to US$6.50/pound. TECK is also among the world's most attractive pure-play copper producers and would be a decent acquisition target.
04/30 12:31 EST - zacks.com
VALE Q1 Earnings Miss Estimates, Decline Y/Y on Low Prices
VALE reports a year-over-year decline in first-quarter 2024 earnings mainly due to lower prices for iron ore, copper and nickel.
04/26 13:11 EST - zacks.com
Teck Resources (TECK) Q1 Earnings Lag Estimates, Decline Y/Y
Teck Resources' (TECK) Q1 bottom line reflects the impacts of higher costs, lower steelmaking coal sales volumes and a decline in copper and zinc prices.
04/25 18:50 EST - globenewswire.com
Teck Reports Voting Results from Annual Meeting of Shareholders
VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual Meeting of Shareholders held on Thursday, April 25, 2024 (the “Meeting”). A total of 6,366,951 Class A common shares and 380,767,143 Class B subordinate voting shares were voted at the Meeting, representing 79.97% of the votes attached to all outstanding shares.
04/25 15:00 EST - globenewswire.com
Teck Announces Dividend
VANCOUVER, British Columbia, April 25, 2024 (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 June 28, 2024 to shareholders of record at the close of business on June 17, 2024.
04/25 13:13 EST - seekingalpha.com
Teck Resources Limited (TECK) Q1 2024 Earnings Call Transcript
Teck Resources Limited (NYSE:TECK ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations & Strategic Analysis Jonathan Price - Chief Executive Officer Crystal Prystai - Senior Vice President, Corporate Controller & Chief Financial Officer Robin Sheremeta - President, Coal Business Unit Shehzad Bharmal - Senior Vice President, Base Metals Ian Anderson - Chief Commercial Officer Conference Call Participants Orest Wowkodaw - Scotiabank Liam Fitzpatrick - Deutsche Bank Nick Giles - B. Riley Securities Carlos De Alba - Morgan Stanley Bill Peterson - JPMorgan Brian MacArthur - Raymond James Dalton Baretto - Canaccord Genuity Operator Ladies and gentlemen, thank you for standing by.
04/25 08:06 EST - zacks.com
Teck Resources Ltd (TECK) Misses Q1 Earnings and Revenue Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $1.32 per share a year ago.
04/25 01:00 EST - globenewswire.com
Teck Reports Unaudited First Quarter Results for 2024
Increasing copper production with QB ramp-up and completion of all major construction Increasing copper production with QB ramp-up and completion of all major construction
04/18 11:06 EST - zacks.com
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.
04/09 13:19 EST - youtube.com
Final Trades: Nasdaq, Alphabet, Spotify, Charles Schwab and Teck Resources
The Investment Committee give you their top stocks to watch for the second half.
04/09 08:00 EST - investorplace.com
Copper Kings: 3 Stocks to Profit From the Conductive Metal Boom
Copper stocks have continued to rally in 2024. According to the International Energy Agency, the global demand for copper will double over the next two decades as the world marches towards electrification and sustainable energy solutions.
04/05 17:15 EST - globenewswire.com
Teck to Release First Quarter 2024 Results on April 25, 2024
VANCOUVER, British Columbia, April 05, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its first quarter 2024 earnings results before market open on Thursday, April 25, 2024.
04/05 10:31 EST - zacks.com
Teck Resources (TECK) Q1 Steelmaking Coal Sales Fall Y/Y
Teck Resources (TECK) witnesses a year-over-year decline in the sales volume of steelmaking coal. However, the average realized price of steelmaking coal sees an uptick.
04/04 17:10 EST - globenewswire.com
Teck Provides Steelmaking Coal Sales and Pricing Update
VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today provided unaudited first quarter 2024 steelmaking coal sales volumes and realized prices.