Teck Resources/$TECK

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About Teck Resources

Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024. In September 2025, it agreed to merge with Anglo American.

Ticker

$TECK
Sector

Primary listing

NYSE

Employees

7,200

Headquarters

Vancouver, Canada

Teck Resources Metrics

BasicAdvanced
$21B
23.52
$1.79
1.58
$0.36
0.86%

What the Analysts think about Teck Resources

Analyst ratings (Buy, Hold, Sell) for Teck Resources stock.

Bulls say / Bears say

The $53 billion merger with Anglo American is projected to yield $800 million in annual cost savings by year four and create a combined market cap exceeding $53 billion, enhancing scale across Teck’s copper, iron ore, and zinc businesses (Reuters).
Teck beat second-quarter estimates with an adjusted profit of C$0.38 per share versus analysts' C$0.27 forecast, supported by improved Trail operations profitability and 109,100 tonnes of copper production in Q2 2025 (Reuters).
Board approval of the Highland Valley Copper mine life extension through 2046 secures average annual copper output of 132,000 tonnes, supporting Teck’s goal to double copper production by the end of the decade (Reuters).
Teck shareholders will own only 37.6% of the merged Anglo Teck entity, diluting their standalone equity exposure and limiting upside potential for current investors (Reuters).
The Anglo Teck merger is under review by Canada's Competition Bureau and requires approval from South African regulators, creating execution risk through potential delays or conditions that could reduce projected synergies (Reuters, Reuters).
Realizing $800 million in annual cost savings from merging operations at Quebrada Blanca and Collahuasi depends on Glencore's approval to share infrastructure, which remains uncertain due to governance and valuation disagreements (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.

Teck Resources Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Teck Resources Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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