TSE:TECK.B

Teck Resources Ltd. (B) (TECK.B.TO)

84.73
-5.25 (5.83%)
as of Jun 23, 2026, 8:00:00 pm Market Open.
549 watching
0
Investor Insights
star iconJun 23, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Teck Resources Ltd. is currently navigating a complex landscape as it prepares for a significant merger with Anglo American, which has caught the attention of various analysts. While some experts express concerns regarding execution risks and recent production challenges, particularly with the QB2 mine, many also highlight the sound fundamentals of Teck as a major copper producer. Copper demand, stoked by industries such as AI data centers, presents both opportunities and challenges, especially amid fluctuations in oil prices that could dampen overall commodity performance. The upcoming merger is anticipated to enhance Teck's standing in the copper market, with analysts noting the potential for improved valuation and reduced geopolitical risks. Overall, sentiment remains mixed as investors await the merger's outcome and assess Teck's operational stability.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
FM,L
SELL
Sold and have not added back. He is less worried about copper, but coal market will come under pressure. Wouldn’t be surprised to see coal drop from here.
WAIT
Likes it. It is trying to build a base. Seasonally positive. A breakout might occur reasonably soon. If it broke the $42 area, it would represent a new breakout to a new up trend.
BUY ON WEAKNESS
Would rather buy in the very low 30s. With what’s happening in China, Brazil and India with deceleration, think mining stocks will start catching up with oil stocks.
BUY
He likes to use stop losses. About 70% of our ingestible universe is in cyclicals. They are all excellent companies. But stock prices are very volatile. Feels you should trade out at the tops and get back in at the bottoms. He uses stop losses to make sure he gets out. It is positioned perfectly for anything growth wise. Excellent company to hold. Excellent buying point right now.
BUY
Great long-term play on China’s growth. They will; be sensitive to cyclical concerns. They are growing production in both copper and met coal. They also have zinc and are getting more positive on it. They have also put money into the oil sands also. Likes it. Trades at discount to NAV.
DON'T BUY
This is representative of a lot of the metal stocks. They all have recouped a half to two thirds of what was given up from the point where stocks broke down at the end of July. This looks like a recovery rally rather than the beginning of a new trend. He is Short.
COMMENT
This one normally bottoms around this time of year and then goes higher until May. Chart shows that it has kind of established an upward trend. It is just entering the period of seasonal strength. This implies that from now and the end of May, there should be a breakout above the resistant level. It has a shot at $50 by the end of May.
BUY
Main product is coke which is used for making steel. Also have copper and zinc and other metals. Hasn't grown better than it has because of concerns about growth in China. Commodity price is still very good and they are very profitable. Expecting an upside in coke and copper this year.
BUY
Over the next couple of years, if things continue to go fairly well with commodity prices, it could do well. Strong balance sheet, improved over the last few years. Paying a dividend now. Good time to step in, but favourite is Hud Bay.
HOLD
People are concerned about what kind of landing China is going to have and this has held back the stock. Coal prices have not been a strong but copper is coming up. Generating tons of cash and putting it to work. Nice dividend of over 2%.
BUY
Bought this one at $30 when copper was at $3 a pound as the long-term outlook for copper plus a little bit of zinc looked attractive for the long-term. He also felt they were in a good position to raise their dividend.
DON'T BUY
Really likes the company, but it is part of that group that has some real pressure on some of the prices that they have to get to make a reasonable profit. Lots of coal which he really likes. Technically it looks like the stock is going to have to back and fill before he adds any more to his portfolios. Would prefer it in the low $30's.
WAIT
Canada's really only large cap diversified miner and he has been bullish on it. There is a rumour of them going into a joint venture with an Australian company on iron ore. He would wait a little to see if this is true because in the past they have overpaid.
PAST TOP PICK
(A Top Pick Feb 18/11. Down 25.06%.) Sold his holdings in September when there were concerns about the Chinese economy.
HOLD
If we get hit with something negative in Europe or China. $46.20 would be his target otherwise.
Showing 796 to 810 of 1,721 entries