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Teck Resources ( ($TSE:TECK.B) ) just unveiled an update.
On September 9, 2025, Teck Resources Limited announced a definitive arrangement agreement with Anglo American plc for a merger of equals. This merger will see Anglo American acquire all of Teck’s shares, with the new entity, Anglo Teck, headquartered in Canada. The merger is expected to close in 12-18 months and will result in pre-merger Anglo American shareholders owning 62.4% of the new company, while Teck shareholders will own 37.6%. The merger aims to align dividends and enhance shareholder value, with a special dividend declared by Anglo American. Teck’s board unanimously supports the merger, deeming it in the best interest of its shareholders.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$70.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Spark’s Take on TSE:TECK.B Stock
According to Spark, TipRanks’ AI Analyst, TSE:TECK.B is a Neutral.
Teck Resources’ overall stock score is driven by a mix of financial challenges and positive earnings call insights. The company’s declining revenue and profitability pressures weigh heavily, while technical indicators suggest potential short-term volatility. Despite a strong earnings call performance, high valuation metrics raise concerns about the stock’s current pricing.
To see Spark’s full report on TSE:TECK.B stock, click here.
More about Teck Resources
Teck Resources Limited is a Canadian company primarily engaged in the mining and mineral industry. It focuses on the production of copper, zinc, and steelmaking coal, serving various markets globally.
Average Trading Volume: 1,739,897
Technical Sentiment Signal: Hold
Current Market Cap: C$26.16B
Find detailed analytics on TECK.B stock on TipRanks’ Stock Analysis page.