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Teck Resources (TSE:TECK.B)
TSX:TECK.B
Teck Resources (TECK.B) Stock Price & Analysis
402 Followers
TECK.B Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$47.26 - C$72.24
Previous CloseC$70.95
Volume1.79M
Average Volume (3M)1.25M
Market Cap
C$36.76B
Enterprise ValueC$44.92B
Total Cash (Recent Filing)C$744.00M
Total Debt (Recent Filing)C$7.59B
Price to Earnings (P/E)22.8
Beta1.54
Next Earnings
Jul 24, 2024EPS Estimate
C$0.68Next Dividend Ex-Date
Jun 17, 2024Dividend Yield0.7%
Share Statistics
EPS (TTM)3.11
Shares Outstanding517,800,000
10 Day Avg. Volume1,005,328
30 Day Avg. Volume1,252,890
Standard Deviation0.12
R-Squared0.28
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.43
Price to Sales (P/S)8.83
Price to Cash Flow (P/CF)8.20
P/FCF Ratio62.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$75.13Price Target Upside6.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Teck Resources News
PremiumCompany Announcements
Teck CEO to Discuss Strategy at Global Conference
PremiumCompany Announcements
Teck Resources Shareholders Approve Key Resolutions
PremiumCompany Announcements
Teck Resources Announces Upcoming Dividend
PremiumCompany Announcements
Teck Resources Excels in Q1 with Strong Copper and Coal PerformanceBulls Say, Bears Say
Bulls Say
Coal Market OutlookMet coal quality differentials will become increasingly important as blast furnace steel producers take steps to decarbonize, suggesting a favorable outlook for premium low-vol benchmark met coal.
Financial StrategyAnalyst 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.
Shareholder ValueThe board's authorization of a C$500 million share buyback highlights the company's commitment to returning value to shareholders.
Bears Say
EarningsTeck's reported 1Q steelmaking coal sales of 5.9mt fell short of the estimated 6.1mt and were at the low end of the guidance range.
Financial AdjustmentThe company expects to record a negative provisional pricing adjustment of C$94 million for coal in the quarter.
Operational ChallengesWeather challenges in Western Canada impacted rail and shipping services, causing lower than expected sales volumes.
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Options Prices
Currently, No data available
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Ownership Overview
1.59% Insiders
14.54% Mutual Funds
30.10% Other Institutional Investors
53.78% 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$47.26 and its highest was C$72.24 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 Jul 24, 2024 which is in 69 days.
How were Teck Resources’s earnings last quarter?
Teck Resources released its earnings results on Apr 25, 2024. The company reported C$0.75 earnings per share for the quarter, missing the consensus estimate of C$0.846 by -C$0.096.
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$0.13 which represents an annual dividend yield of 0.7%. See more information on Teck Resources dividends here
What is Teck Resources’s EPS estimate?
Teck Resources’s EPS estimate is C$0.68.
How many shares outstanding does Teck Resources have?
Teck Resources has 510,531,430 shares outstanding.
What happened to Teck Resources’s price movement after its last earnings report?
Teck Resources reported an EPS of C$0.75 in its last earnings report, missing expectations of C$0.846. Following the earnings report the stock price went up 8.71%.
Which hedge fund is a major shareholder of Teck Resources?
Among the largest hedge funds holding Teck Resources’s share is Dodge & Cox. It holds Teck Resources’s shares valued at 774M.
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Teck Resources Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
C$75.13 (6.37% Upside)
C$75.13 (6.37% Upside)
Blogger Sentiment
Bullish
TSE:TECK.B Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.20%
12-Months-Change
Fundamentals
Return on Equity
6.16%
Trailing 12-Months
Asset Growth
8.51%
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
Q1 2024
0:00 / 0:00
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TECK.B Stock 12 Month Forecast
Average Price Target
C$75.13
▲(6.37% Upside)
Technical Analysis
Teck Resources
―
Southern Copper
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Compania de Minas Buenaventura SAA
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Freeport-McMoRan
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BHP Group
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Best Analysts Covering TECK.B
1 Year
1 Year Success Rate
20/22 ratings generated profit
1 Year Average Return
+29.32%
reiterated a buy rating last month
Copying Shane Nagle's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +29.32% per trade.
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