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Teck Resources (TSE:TECK.B)
TSX:TECK.B
Holding TSE:TECK.B?
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TECK.B Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$47.47 - C$74.37
Previous CloseC$66.39
Volume7.43M
Average Volume (3M)1.23M
Market Cap
C$34.50B
Enterprise ValueC$49.99B
Total Cash (Recent Filing)C$918.00M
Total Debt (Recent Filing)C$11.70B
Price to Earnings (P/E)23.5
Beta1.54
Next Earnings
Oct 23, 2024EPS Estimate
C$0.5Last Dividend Ex-Date
Sep 13, 2024Dividend Yield0.75%
Share Statistics
EPS (TTM)2.82
Shares Outstanding517,800,000
10 Day Avg. Volume2,095,006
30 Day Avg. Volume1,234,692
Standard Deviation0.11
R-Squared0.28
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.30
Price to Sales (P/S)2.21
Price to Cash Flow (P/CF)6.50
P/FCF Ratio17.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$77.85Price Target Upside17.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Teck Resources News
Bulls Say, Bears Say
Bulls Say
Commodity OutlookThe outlook for premium low-vol benchmark met coal (PLV) may be the best of any commodity, indicating potential for strong performance.
Financial StrategyThe preference is for Teck to use a portion of the proceeds to reduce net debt and to deliver sizable capital returns.
Stock RatingAnalyst reiterates a Buy rating on Teck for leverage to copper and for a likely buyback of at least US$2bn following the sale of EVR.
Bears Say
Financial AdjustmentsThe company expects to record a negative provisional pricing adjustment for coal in the quarter.
Operational ChallengesWeather challenges in Western Canada impacted rail and shipping services, causing lower than expected sales volumes.
Sales PerformanceTeck's reported 1Q steelmaking coal sales fell short of the estimated figures and were at the low end of the guidance range.
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Options Prices
Currently, No data available
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Ownership Overview
1.60% Insiders
13.63% Mutual Funds
30.88% Other Institutional Investors
53.88% Public Companies and
Individual Investors
TECK.B FAQ
What was Teck Resources’s price range in the past 12 months?
Teck Resources lowest stock price was C$47.47 and its highest was C$74.37 in the past 12 months.
What is Teck Resources’s market cap?
Currently, no data Available
When is Teck Resources’s upcoming earnings report date?
Teck Resources’s upcoming earnings report date is Oct 23, 2024 which is 34 days ago.
How were Teck Resources’s earnings last quarter?
Teck Resources released its earnings results on Jul 24, 2024. The company reported C$0.79 earnings per share for the quarter, beating the consensus estimate of C$0.72 by C$0.07.
Is Teck Resources overvalued?
According to Wall Street analysts Teck Resources’s price is currently Undervalued.
Does Teck Resources pay dividends?
Teck Resources pays a Quarterly dividend of C$0.63 which represents an annual dividend yield of 0.75%. See more information on Teck Resources dividends here
What is Teck Resources’s EPS estimate?
Teck Resources’s EPS estimate is C$0.5.
How many shares outstanding does Teck Resources have?
Teck Resources has 512,000,000 shares outstanding.
What happened to Teck Resources’s price movement after its last earnings report?
Teck Resources reported an EPS of C$0.79 in its last earnings report, beating expectations of C$0.72. Following the earnings report the stock price went down -1.156%.
Which hedge fund is a major shareholder of Teck Resources?
Among the largest hedge funds holding Teck Resources’s share is Davis Selected Advisers. It holds Teck Resources’s shares valued at 552M.
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Teck Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$77.85 (17.27% Upside)
C$77.85 (17.27% Upside)
Blogger Sentiment
Bullish
TSE:TECK.B Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 4.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.39%
12-Months-Change
Fundamentals
Return on Equity
5.49%
Trailing 12-Months
Asset Growth
7.08%
Trailing 12-Months
Company Description
Teck Resources
Teck Resources Ltd. is a diversified resource company, which engages in the mining and mineral development of copper, steelmaking coal, zinc, and energy properties. The firm also produces germanium and indium. It operates through the following business segments: Steelmaking Coal, Copper, Zinc, Energy, and Corporate. The Steelmaking Coal segment exports steelmaking coal. The Copper segment produces copper in Canada, Chile, Peru, North America, and South America. The Zinc segment operates fully integrated zinc, lead smelting, and refining facilities. The Energy segment covers the oil sands mining and processing operations. The Corporate segment provides administrative, technical, financial, and other support to all of the business units. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.
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TECK.B Company Deck
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TECK.B Earnings Call
Q2 2024
0:00 / 0:00
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TECK.B Stock 12 Month Forecast
Average Price Target
C$77.85
▲(17.27% Upside)
Technical Analysis
Teck Resources
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Freeport-McMoRan
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Newmont Mining
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BHP Group
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Southern Copper
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Best Analysts Covering TECK.B
1 Year
1 Year Success Rate
28/31 ratings generated profit
1 Year Average Return
+43.60%
reiterated a buy rating 2 months ago
Copying Carlos De Alba's trades and holding each position for 1 Year would result in 90.32% of your transactions generating a profit, with an average return of +43.60% per trade.
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