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Teck Resources LimitedTSX:TECK.B Stock Report

Market Cap CA$38.6b
Share Price
CA$77.31
CA$79.35
2.6% undervalued intrinsic discount
1Y60.4%
7D-5.9%
Portfolio Value
View

Teck Resources Limited

TSX:TECK.B Stock Report

Market Cap: CA$38.6b

Teck Resources (TECK.B) Stock Overview

Engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. More details

TECK.B fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

TECK.B Community Fair Values

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See what 46 others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

Teck Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Teck Resources
Historical stock prices
Current Share PriceCA$77.31
52 Week HighCA$86.48
52 Week LowCA$42.95
Beta1.56
1 Month Change5.17%
3 Month Change-4.27%
1 Year Change60.43%
3 Year Change30.57%
5 Year Change152.73%
Change since IPO15,860.77%

Recent News & Updates

Recent updates

TECK.B: Anglo American Merger Synergies Will Support Future Upside Potential

Analysts have raised the fair value estimate for Teck Resources to CA$104 from CA$90, reflecting updated assumptions around revenue growth, profit margins and the proposed Anglo American merger, which have also informed a slightly higher discount rate and a modestly lower future P/E multiple. Analyst Commentary Recent Street research on Teck Resources has been active, with multiple bullish analysts revisiting their models following Q4 results, updated operating data and progress on the proposed merger with Anglo American.

TECK.B: Merger Delay Risk Will Challenge Elevated Expectations Going Forward

Analysts have trimmed the fair value estimate for Teck Resources to CA$55.08 from CA$57.90, as a slightly higher discount rate and modest tweaks to revenue growth, profit margin, and future P/E assumptions follow a mix of recent price target raises, a cut, and rating changes around the proposed Anglo American merger. Analyst Commentary Recent Street research around Teck Resources has been active, with several firms adjusting price targets and ratings as the proposed merger with Anglo American progresses through regulatory approvals.

TECK.B: Anglo Merger Progress And Copper Output Will Drive Future Upside

The updated analyst price target for Teck Resources edges lower by about CA$1.50, as analysts balance a series of higher CA$79 to CA$82 targets tied to the Anglo American merger progress with more cautious recent revisions from firms such as Scotiabank. Analyst Commentary Recent research on Teck Resources shows a split view, with several firms lifting price targets around the Anglo American merger process and a smaller group turning more cautious as the stock reacts to prior gains and valuation shifts.

TECK.B: Anglo Merger Synergies And Buybacks Will Shape Copper Future

The analyst price target for Teck Resources has moved higher to CA$80.82 from CA$75.62, reflecting analysts factoring in revised merger related assumptions, updated Q4 operating numbers, and potential revenue and cost synergies highlighted in recent research. Analyst Commentary Recent research around Teck Resources highlights a mix of optimism and caution, with price targets generally reset higher around the proposed merger with Anglo American and updated Q4 figures.

TECK.B: Elevated Expectations Will Depend On Merger Execution Risk

The analyst price target for Teck Resources in our model has been raised from CA$45.79 to CA$57.90, as analysts factor in updated assumptions around potential merger synergies, revised operating numbers, and a slightly higher future P/E multiple. Analyst Commentary Recent Street research on Teck Resources has featured a series of price target revisions and rating changes that give you a mixed picture.

TECK.B: Anglo Deal And Mixed Street Views Will Shape Copper And Minerals Future

Our fair value estimate for Teck Resources has been revised higher to CA$75.62 from CA$62.94, as analysts point to updated assumptions around revenue growth, profit margins, and a lower future P/E multiple following a series of recent target changes and rating shifts across the Street. Analyst Commentary Recent research updates on Teck Resources have been active and mixed, with several firms adjusting ratings and targets in different directions over a relatively short period.

TECK.B: Future Merger And Critical Minerals Position Will Support Upside Potential

The analyst fair value estimate for Teck Resources has been raised by $5 to $90, as analysts factor in updated growth and margin assumptions alongside a higher future P/E, drawing on a recent mix of target hikes and rating changes across the Street. Analyst Commentary Recent Street research around Teck Resources has been active, with a mix of upgrades, downgrades, and target changes that feed into the updated fair value estimate.

TECK.B: Future Merger And Critical Minerals Status Will Drive Upside Potential

Analysts have lifted their fair value estimate for Teck Resources by about $7 to $85.00, pointing to expectations for stronger profit margins and a slightly lower future P/E multiple, even as they factor in a higher discount rate and more measured revenue growth. Analyst Commentary Street research around Teck Resources has been active, with recent reports showing a mix of upgrades, downgrades, and price target revisions as analysts reassess valuation and execution risks.

TECK.B: Cautious Outlook Will Hinge On Execution Of Critical Minerals Projects

Our fair value estimate for Teck Resources has been reduced from $50.00 to about $45.79 as analysts adjust price targets and ratings in response to more cautious views on revenue growth, profitability, and required returns. Analyst Commentary Recent Street research on Teck Resources reflects a more cautious stance, with several bearish analysts trimming price targets and reducing ratings as they reassess the risk and reward trade off.

TECK.B: Anglo Deal, Copper Outlook And Critical Minerals Will Guide Future Performance

Analysts have nudged their fair value estimate for Teck Resources modestly higher to about $62.94 from roughly $62.39, reflecting slightly stronger long term copper price and revenue growth assumptions. These factors offset a marginally higher discount rate and stable profit margin expectations amid a mixed backdrop of recent target cuts and hikes across the Street.

TECK.B: Anglo Merger Progress And Critical Mineral Shifts Will Define Near-Term Direction

Teck Resources' consensus analyst price target has edged down slightly by less than $0.10, as analysts factor in both moderating valuation estimates and shifting sector outlooks. Analyst Commentary Recent analyst activity around Teck Resources reflects a mix of optimism and caution, as market participants weigh changes in base metals pricing, company strategy, and broader sector shifts.

TECK.B: Near-Term Profit Margin Risks And Anglo Merger Hopes Will Shape Outlook

Teck Resources’ analyst price target has been slightly lowered by $0.50 to $62.44. Analysts cite mixed sector ratings and downward revisions to profit margin and growth assumptions as reasons behind their cautious near-term outlook.

TECK.B: Merger Activity And Copper Prices Will Shape Future Risk And Reward

Teck Resources' fair value estimate has increased modestly by $1.17 to $62.94 as analysts weighed recent mixed price target revisions along with ongoing recalibration of future copper prices and profit margin forecasts. Analyst Commentary Recent commentary from street analysts reflects a mix of optimism and caution toward Teck Resources, with target price revisions and ratings signaling shifting expectations amid evolving sector dynamics.

Rising Copper Production And ESG Focus Will Create Opportunities

Analysts have modestly raised their average price target for Teck Resources, citing improving metal price forecasts and stronger profit margin expectations. This comes despite recent mixed ratings and sector consolidation pressures.

Rising Copper Production And ESG Focus Will Create Opportunities

Teck Resources' analyst price target has been modestly increased from $59.61 to $60.29. This change reflects updated analyst views that account for recent merger developments as well as expectations for stronger revenue growth and profit margins.

Rising Copper Production And ESG Focus Will Create Opportunities

The consensus analyst price target for Teck Resources has increased to CA$59.61, primarily reflecting optimism over its transformative merger with Anglo American and improved copper exposure, despite some concerns about operational issues, integration risks, and valuation. Analyst Commentary The merger of equals between Teck Resources and Anglo American is viewed as transformative, creating the world’s fifth-largest copper producer and potentially catalyzing further consolidation across the global mining sector.

There Is A Reason Teck Resources Limited's (TSE:TECK.B) Price Is Undemanding

Sep 03
There Is A Reason Teck Resources Limited's (TSE:TECK.B) Price Is Undemanding
User avatar

Copper Expansion Paves The Way For Future Growth Amid Operational Challenges

Transition to focus on energy transition metals and increased Copper production aims to drive future revenue growth and improve earnings.

Shareholder Returns

TECK.BCA Metals and MiningCA Market
7D-5.9%-7.6%-0.9%
1Y60.4%82.9%34.6%

Return vs Industry: TECK.B underperformed the Canadian Metals and Mining industry which returned 87.5% over the past year.

Return vs Market: TECK.B exceeded the Canadian Market which returned 35.6% over the past year.

Price Volatility

Is TECK.B's price volatile compared to industry and market?
TECK.B volatility
TECK.B Average Weekly Movement6.4%
Metals and Mining Industry Average Movement12.2%
Market Average Movement10.4%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: TECK.B has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TECK.B's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19137,429Jonathan Pricewww.teck.com

Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. It operates through Copper and Zinc segments. The company offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver.

Teck Resources Limited Fundamentals Summary

How do Teck Resources's earnings and revenue compare to its market cap?
TECK.B fundamental statistics
Market capCA$38.58b
Earnings (TTM)CA$1.85b
Revenue (TTM)CA$12.41b
20.5x
P/E Ratio
3.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TECK.B income statement (TTM)
RevenueCA$12.41b
Cost of RevenueCA$8.57b
Gross ProfitCA$3.84b
Other ExpensesCA$1.99b
EarningsCA$1.85b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 23, 2026

Earnings per share (EPS)3.78
Gross Margin30.91%
Net Profit Margin14.91%
Debt/Equity Ratio36.9%

How did TECK.B perform over the long term?

See historical performance and comparison

Dividends

0.6%
Current Dividend Yield
13%
Payout Ratio

Does TECK.B pay a reliable dividends?

See TECK.B dividend history and benchmarks
When do you need to buy TECK.B by to receive an upcoming dividend?
Teck Resources dividend dates
Ex Dividend DateJun 15 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend41 days
Days until Dividend pay date56 days

Does TECK.B pay a reliable dividends?

See TECK.B dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 06:39
End of Day Share Price 2026/05/04 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Teck Resources Limited is covered by 46 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Farooq HamedBarclays
Mark LevinBenchmark Company