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Teck Resources
(TSX:TECK.B)
Teck Resources (TECK.B) vs. iShares MSCI Canada ETF (EWC)
Teck Resources Business Overview & Revenue Model
Teck Resources Earnings Call Summary
Teck Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.96B | 9.06B | 15.01B | 17.32B | 13.48B | 8.95B |
| Gross Profit | 2.03B | 1.61B | 5.14B | 8.57B | 5.08B | 1.33B |
| EBITDA | 2.66B | 1.92B | 6.15B | 8.44B | 6.37B | 648.00M |
| Net Income | 276.00M | 406.00M | 2.41B | 3.32B | 2.87B | -944.00M |
Balance Sheet | ||||||
| Total Assets | 42.97B | 47.04B | 56.19B | 52.36B | 47.37B | 41.28B |
| Cash, Cash Equivalents and Short-Term Investments | 4.77B | 7.59B | 744.00M | 1.88B | 1.43B | 450.00M |
| Total Debt | 9.42B | 9.96B | 11.09B | 10.02B | 9.33B | 7.88B |
| Total Liabilities | 17.62B | 19.94B | 27.90B | 25.85B | 23.59B | 20.57B |
| Stockholders Equity | 24.38B | 26.08B | 26.99B | 25.47B | 23.00B | 20.04B |
Cash Flow | ||||||
| Free Cash Flow | -932.00M | 155.00M | -1.70B | 2.52B | 25.00M | -2.06B |
| Operating Cash Flow | 995.00M | 2.79B | 4.08B | 7.98B | 4.74B | 1.56B |
| Investing Cash Flow | 7.74B | 6.17B | -4.76B | -5.68B | -4.82B | -3.67B |
| Financing Cash Flow | -4.98B | -2.56B | -469.00M | -1.99B | 1.06B | 1.53B |
Teck Resources Technical Analysis
Teck Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | C$1.37B | 8.37 | 33.49% | 6.54% | 73.61% | 119.38% | |
| ― | C$1.68B | 16.94 | 18.70% | 0.97% | -13.16% | 588.65% | |
| ― | C$29.10B | 24.55 | 4.99% | 0.84% | -29.29% | 178.41% | |
| ― | $19.93B | 36.37 | 5.71% | ― | ― | 143.94% | |
| ― | $29.48B | 25.28 | 4.88% | 0.83% | -29.29% | 178.41% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | C$2.80B | -15.31 | -115.88% | ― | ― | -0.21% |
Teck Resources Corporate Events
Teck Resources Limited, a major player in the mining sector, is known for its production of copper, zinc, and other critical minerals. The company is headquartered in Vancouver, Canada, and is recognized for its significant contributions to the global mining industry.
Teck Resources’ recent earnings call was a blend of optimism and caution. The company celebrated significant positive strides, including a merger with Anglo American and notable improvements in financial performance, safety, and sustainability. However, challenges such as operational issues at QB and the suspension of share buybacks posed some concerns.
On October 22, 2025, Teck Resources Limited announced that its Board of Directors has declared a dividend of $0.125 per share for its Class A common shares and Class B subordinate voting shares. This dividend is scheduled to be paid on December 31, 2025, to shareholders recorded by December 15, 2025. This announcement reflects Teck’s commitment to delivering shareholder value and maintaining a stable financial strategy.
The most recent analyst rating on ($TSE:TECK.B) stock is a Hold with a C$65.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Teck Resources Limited announced that it will release its third quarter 2025 earnings results on October 22, 2025, before the market opens. A webcast will be held on the same day to review the results, with an archive available within 24 hours. This announcement highlights Teck’s ongoing commitment to transparency and engagement with investors and analysts, reinforcing its position as a key player in the resource industry.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$63.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Teck Resources Limited announced the completion of a comprehensive operational review and provided an updated outlook for its Quebrada Blanca (QB) project, revealing changes to its production guidance for 2025-2028. The review, which began in August, aimed to improve performance and address operational constraints, particularly in the Tailings Management Facility (TMF). Despite ongoing challenges, including production downtime due to TMF development, Teck remains optimistic about QB’s long-term potential and is implementing measures to enhance drainage efficiency and optimize costs. The company also reported strong copper prices contributing to positive pricing adjustments in the third quarter of 2025.
The most recent analyst rating on ($TSE:TECK.B) stock is a Hold with a C$63.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
On September 9, 2025, Teck Resources Limited announced a definitive arrangement agreement with Anglo American plc for a merger of equals. This merger will see Anglo American acquire all of Teck’s shares, with the new entity, Anglo Teck, headquartered in Canada. The merger is expected to close in 12-18 months and will result in pre-merger Anglo American shareholders owning 62.4% of the new company, while Teck shareholders will own 37.6%. The merger aims to align dividends and enhance shareholder value, with a special dividend declared by Anglo American. Teck’s board unanimously supports the merger, deeming it in the best interest of its shareholders.
The most recent analyst rating on ($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.
On September 9, 2025, Teck Resources Limited and Anglo American plc announced a merger of equals to form Anglo Teck, a leading global critical minerals company. The merger aims to create a top five global copper producer, leveraging synergies estimated at US$800 million annually and additional EBITDA uplift from operational integration. The merger, supported unanimously by both companies’ boards, is expected to complete within 12-18 months and promises significant value creation for shareholders, with Anglo American shareholders owning 62.4% and Teck shareholders 37.6% of the new entity.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$56.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Teck Resources announced a comprehensive operations review and QB action plan to enhance its operational performance, particularly at its QB site. The review, initiated in August 2025, aims to improve operating practices and ensure future business plans are achievable. The company has deferred major growth projects until QB achieves steady-state operations. A new industry veteran has been appointed as a special advisor to accelerate the QB tailings management facility development. The action plan addresses issues like slow sand drainage, which has impacted production, and includes initiatives to improve drainage efficiency and operational readiness. Additionally, Teck has made leadership changes to strengthen executive oversight, with the retirement of Executive Vice President Shehzad Bharmal.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$43.50 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Teck Resources announced its unaudited second quarter results for 2025, highlighting significant progress in copper production with the approval of the Highland Valley Copper Mine Life Extension project. The company reported an adjusted EBITDA of $722 million, slightly higher than the previous year, driven by improved profitability from its Trail Operations. Despite lower copper and zinc prices, Teck’s strong balance sheet, with $8.9 billion in liquidity, supports its resilience to market uncertainties. The company has returned $1.0 billion to shareholders through share buybacks and continues to focus on disciplined growth. The Highland Valley Copper Mine Life Extension project, sanctioned on July 23, 2025, is expected to extend the mine’s life to 2046, with average annual copper production of 132,000 tonnes.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Teck Resources Limited, a major player in the mining industry, primarily focuses on the production of copper, zinc, and other metals, with operations spanning across multiple countries.
The recent earnings call from Teck Resources presented a balanced sentiment, highlighting both achievements and challenges. On the positive side, the company reported strong financial performance, successful cash returns to shareholders, and progress in strategic projects. However, these gains were tempered by operational challenges, including delays in the Tailings Management Facility (TMF) development and a shiploader outage at QB. Additionally, a fatality at Antamina and increased capital expenditure for the Highland Valley project added to the concerns, creating a mixed overall sentiment.
On July 24, 2025, Teck Resources Limited announced that its Board of Directors has declared a dividend of $0.125 per share on its Class A common shares and Class B subordinate voting shares. The dividend will be paid on September 29, 2025, to shareholders of record as of September 15, 2025. This announcement reflects Teck’s commitment to providing shareholder value and may positively impact investor confidence in the company’s financial health and strategic direction.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Teck Resources Limited announced on July 23, 2025, the board’s approval for the Highland Valley Copper Mine Life Extension Project, which will extend the mine’s life from 2028 to 2046. This project, representing the largest critical minerals investment in British Columbia’s history, is expected to significantly boost Teck’s copper production and contribute to Canada’s critical minerals sector. The project will maintain approximately 1,500 jobs and generate 2,900 additional jobs during construction, alongside a $435 million GDP increase. The extension aligns with Teck’s strategy to double copper production by the decade’s end, ensuring long-term economic and community benefits.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.