TSE:TECK.B

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

85.38
+1.45 (1.73%)
as of Nov 6, 2026, 9:00:00 pm Market Closed.
552 watching
0
PARTIAL SELL
Leveraged their balance sheet quite aggressively when they acquired Fording Coal and was on the verge of bankruptcy. Management has done a tremendous job bringing the company back. Cyclicals have now run a little bit too far and he would be inclined to take profits in the sector.
SELL
Made horrible transactions last year but recovered because of the lending agreement they established as well as a massive recovery in the underlying commodities. Has never liked management or their transactions. Balance sheet has been under incredible stress.
BUY
(Market Call Minute.) Expect this is going higher.
HOLD
(Market Call Minute.) Came up a long ways and probably a little ahead of itself in the short-term.
BUY
Largest mining company in Canada. Coal and zinc. Bought some at around $6 but has been letting some go in the last little while. Looks a little rich.
BUY
There is an enormous amount of leverage in this company. If commodity prices continue to be firm, you could see the stock a lot higher. Looking at the metal companies in the Canadian market, the way they are technically set up, they have just recently broken out again and look like they are on another move higher.
HOLD
Chart shows a double bottom, which is positive. 50-day and 200-day moving averages are where they should be. Could come back quite a bit. Would hold until you see one of the fundamental levels start to break.
BUY ON WEAKNESS
Has come back from the dead. Struggled with the huge debt load and has it reduced. Have great coal and zinc assets. Possibly has run too far, too fast. Would prefer it in the $15-$20 range.
DON'T BUY
Short? You are taking a major risk in shorting a high beta name like this. Doesn't particularly like this stock. Other names in the material space that he would consider buying would be Northgate Minerals (NGX-T), Grand Cache Coal (GCE-T) or Cascades (CAS-T).
DON'T BUY
Have made a remarkable recovery but have been doing so by selling off pieces of the company and diluting old shareholders. What we have seen lately is over exuberance in the market, which may not be well founded.
TOP PICK
We don't have many mining companies left in what ought to be a continuing great bull market in the metals. Sorted out their terrible death situation that they acquired with their purchase of Fording Coal.
DON'T BUY
All about believing they fixed the balance sheet after buying Fording Coal. If you believe in the return of commodity prices, particularly zinc and coal, it is not overvalued. He thinks there may be a ways to go before steel comes back.
COMMENT
One of Canada's great metal companies. If you believe in the scarcity factor, there is not much choice for a senior play. A bit expensive. He is looking at metals but outside of Canada.
PAST TOP PICK
(A Top Pick July 21/08. Down 39.22%.) Sold in January at $5.30 for a loss of 87%.
BUY ON WEAKNESS
Seasonally metals stocks tend to pull back a bit over the summer. Company did a great job in turning itself around. Appears that metallurgical coal pricing is improving. Try to buy below $20.
Showing 1,066 to 1,080 of 1,728 entries