TSE:TECK.B

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

92.76
+0.20 (0.22%)
as of Aug 6, 2026, 8:00:00 pm Market Open.
551 watching
0
Investor Insights
star iconAug 6, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Experts have mixed feelings about Teck Resources Ltd. amid its proposed merger with Anglo American. While some analysts express optimism about the long-term benefits of merging complementary assets and the potential to become a major player in the copper market, others highlight execution risks associated with the deal. Recent performance shows strong copper production and earnings beats, but fears persist regarding the dependency on copper prices and geopolitical factors. The upcoming vote on the merger and the company's challenged QB2 mine have led to cautious sentiment among investors. Overall, while some analysts view the stock as a good opportunity, others advise waiting for better entry points post merger completion.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Fair Value
review icon
Similar
SouthernCopper, SCCO
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 $20.
TOP PICK
Coking coal prices is what drives their operation and appears to be heading higher. In the last 6 months they have done a lot of financial engineering and got out of a death grip.
SELL
Metallurgical coal question. Met coal is a funny market in that you get a lot of yearly contracts signed March-April and there is no spot market. They were overwhelmed by their takeover of Fording and they have done a lot of things to fix it. Stock has recovered somewhat. Not much upside because new contracts won't be signed until next spring.
DON'T BUY
Doesn't like this one. Produces 4 commodities including coal, zinc, copper and molybdenum. He is very bearish on the economy and thinks it will stay weaker way longer than people think. Therefore demand for these commodities will be weak for a year or two and the price will go down.
COMMENT
Likes this company. Although he has not been buying base metals, when the inflationary move begins to happen, which he expects, it will be because of a diversification out of the US$ into hard assets. From a long-term perspective, this company make a lot of sense.
COMMENT
Tremendously leveraged to commodity prices. Also tremendously financially leveraged. Announcement that Chinese are buying into the company removes the partial overhang that they would have to issue equity and sell assets. Today's price move was a little overdone.
DON'T BUY
Have done a wonderful job manoeuvring through their debt load but given where coal, copper and zinc prices are it is pretty fully valued. Would look at it if it dropped to $15.
Showing 1,066 to 1,080 of 1,722 entries