Teck Resources Limited
TECK · NYSE
Company research
Teck Resources Limited (NYSE: TECK) is a leading Canadian diversified natural resources company headquartered in Vancouver, British Columbia, founded in 1913 and engaged in the exploration, development, mining, and processing of natural resources across North America, South America, Asia, and Europe. The company operates primarily through its Copper and Zinc segments, producing a broad range of commodities including copper, zinc, lead, silver, molybdenum, gold, and fertilizers, with key assets including large open-pit copper mines in Chile and an integrated zinc and lead smelting complex in Trail, British Columbia. Under the leadership of CEO Jonathan H. Price, Teck is strategically repositioning itself as a pure-play base metals company, highlighted by the divestiture of its steelmaking coal business (Elk Valley Resources) and significant copper production growth initiatives, including the QB2 project in Chile, which is expected to drive output beyond 800kt by 2028. With approximately 7,429 employees worldwide, $10.76 billion in annual revenue, and a market capitalization of approximately $27.2 billion, Teck remains one of the most significant players in the global Industrial Materials and mining sector.
Research reports
Public.com (third‑party Analyst Aggregation) · July 15, 2026Teck Resources (TECK) Stock Forecast & Price Target
Aggregates third‑party analyst ratings into a Buy consensus with a $62 price target, emphasizing strong operational performance at Quebrada Blanca 2, higher copper grades, improved net cash position, and potential merger synergies with Anglo American, while noting execution and merger‑approval risks linked to portfolio rebalancing toward low‑carbon metals.
Yahoo Finance (Simply Wall St–style Valuation Analysis) · July 9, 2026Teck Resources (TSX:TECK.B) Signed A Major Government Investment Deal, Is The Valuation Still Compelling?Examines the impact of a Canadian government‑backed investment agreement on Teck’s Trail Operations, framing the shares as modestly undervalued on a narrative fair‑value of CA$85 versus the current price, but overvalued relative to a DCF estimate of CA$68.61, and highlights copper growth projects, electrification‑driven demand, and key risks around project execution, discount‑rate assumptions, and commodity‑price volatility.
Yahoo Finance (valuation And Risk Analysis) · January 24, 2026Assessing Teck Resources (TSX:TECK.B) Valuation After Robust 2025 Copper And Zinc Production UpdateEvaluates Teck’s 2025 production and guidance, concluding the stock looks overvalued versus fair‑value estimates despite strong multi‑year shareholder returns, and discusses how analyst price‑target dispersion, tempered revenue growth and margin assumptions, and execution risks around major projects and commodity cycles could undermine the valuation.
The Motley Fool Canada · August 24, 2025Is Teck Resources a Buy?Reviews Teck’s share‑price decline over the prior year, its volatile commodity‑cycle history, and copper‑demand tailwinds from electrification, while detailing growth projects such as the Highland Valley Copper life extension and associated capex, and concludes that long‑term fundamentals are attractive but near‑term risks from tariffs, weak Chinese demand, and commodity price pressure argue for patience rather than aggressive buying.