TSE:TECK.B

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

76.57
-1.85 (2.36%)
as of Jul 17, 2026, 3:12:53 pm Market Open.
551 watching
0
Investor Insights
star iconJul 17, 2026, 12:00 am

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

Teck Resources Ltd. (TECK.B-T) is involved in a significant merger with Anglo American which analysts view as a pivotal event for the company, potentially enhancing its position in the copper market. Many experts highlight the importance of the upcoming December 9 vote on the merger, suggesting that it could lead to greater institutional interest and a stronger valuation in the long-term. There are mixed feelings about the execution risk associated with the merger, alongside concerns regarding production issues at the QB2 mine and fluctuating copper prices. Overall, while some analysts express caution and prefer to observe the stock before purchasing, others recommend holding for potential upside, particularly if copper prices remain strong and the merger materializes favorably. The sentiment reflects a blend of optimism about both the merger and the copper market's demand, although with a note of caution given recent performance fluctuations.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
FM, First Majestic Silver
DON'T BUY
Great Canadian company. Was very unfortunate in its timing in the acquisition of Fording Coal and its debt has skyrocketed. China has come out and started to renegotiate coal prices. Current price looks interesting but the balance sheet is very, very stretched.
SELL
(Market Call Minute.) Bought a lot of things at very high expensive prices.
BUY
Fording Coal was a very advantageous deal from both a tax standpoint and a positioning them in the coal market.
HOLD
Has really been hit hard by the decline in zinc prices. China factor is very important. Thinks there is real concern about the 8.1% dividend. Just made a huge acquisition of Fording so that is going to take a lot of money off the balance sheet. Let them cut the dividend and then have another look at it.
BUY
Zinc oriented. Still have some cash and cash flows. They could cut the dividend. Zinc’s time will come again.
DON'T BUY
Gives him some concerns. Has been the traditional great mining company but the acquisition of Fording is a very expensive, top of cycle huge debt load. This is not the time to be a debtor. Metallurgical coal prices have peaked and are going to go down. Would call into question the 8% yield.
DON'T BUY
Has a lot of base metals companies that he has been selling aggressively as profitability has been falling. Could not buy right now when the ROE is plummeting.
PARTIAL BUY
Acquiring Fording Canadian Coal (FDG.UN-T). Good basket of different resources so if you like the resources sector at all this is a good bet. Has been nibbling away at this one.
DON'T BUY
Although it seems like the central banks and governments are getting things in place, we don't know how severe the recession will be. This is particularly important for mining stocks and commodities plays. He would give it at least another quarter or two.
DON'T BUY
Slowdown in China is hurting. Also in the middle of a merger so have to come up with some money. They'll have to sell some assets and this is not the right time. Expecting more downside. Also has some interest in an oil sands project. Too diversified for him. Would look at it at $5 or $7.
DON'T BUY
Very high price for Fording Coal (FDG.UN-T) but financing is in place and the deal will go through. Need a long-term point of view because 12 to 18 months doesn't look good. Wait for the deal to get done and some enthusiasm to return to the market for coal and equities in general. Take advantage of any down days for partial buys.
DON'T BUY
Just bought Fording Coal (FDG.UN-T) at an expensive price. Fording also had a lot of debt, which they have acquired. Also bought Aur Resources when copper was very high. (Has been Shorting this stock, but not currently Short.)
DON'T BUY
Fording acquisition timing was unfortunate because they paid top dollar. They have an aggressive debt reduction strategy, but you want someone with a strong balance sheet.
DON'T BUY
50% retracement is common in a commodity boom. Wouldn’t be surprised to see commodities firm up a little bit but this is an expensive company
BUY
Coal prices are very firm. Demand is firm. They are the only big Canadian multi-mineral producer left and at a discount price.
Showing 1,171 to 1,185 of 1,722 entries