Related posts
Nervous markets await NvidiaThis summary was created by AI, based on 24 opinions in the last 12 months.
Teck Resources Ltd. (TECK.B) is viewed positively by many experts primarily due to its focus on copper and zinc, both of which are increasingly important in the context of renewable energy and electric vehicles (EVs). Several analysts express a long-term bullish outlook, confirming the company's strong cash flow and quality asset base, while acknowledging its sensitivity to commodity price fluctuations. However, there are warnings about the potential for near-term volatility, particularly due to broader economic concerns like inflation and global demand trends. Experts observe that the company has been performing well historically, showcasing capital discipline and a solid management team, positioning it well in an evolving market. A few analysts suggest caution as the market may face pressures from economic slowdowns, indicating that now may not be the best time to invest aggressively.
Likes it. Got hit in April. Market priced in weaker economic growth going forward, tariff confusion, and higher probability of recession. Appetite shift toward precious metals. Pause on copper; for example, EV production will eventually continue, but is on hold. Electrical buildout globally will eventually ramp up again.
A lot of bad news was priced in, analysts are now getting on board. Good play longer term.
When breadth is weakening, he stops putting new positions on. But he's always building a farm team of things he'd like to own. Long-term view of this name and copper miners is very favourable. Technical chart's not good. Recently when we had a couple of really bad days, the copper stocks really broke. This is what tells him we may be headed for a recession.
Likes it. Dynamite assets. Cashflow will be good. But he needs to see things get better before putting money to work.
Under pressure for a while. Correction today is just going along with the market. If economic slowdown, base metal and commodity prices will suffer. Not a direct 1:1 tariff impact.
This is a moment that Canada has, as a country, to really take advantage of our position in the global dynamic. We need to show the world that we're open for business. It's not about just reacting to the president of the US, it's about what we want to be as a country when we grow up. If we're supposed to be united, why do we have all these inter-provincial trade barriers? Why do we make it so difficult to bring a mine into production? Right now, we're not an attractive venue to raise capital or to put $$ into the ground to make our wealth of resources available to the world.
Capital discipline has been very strong. Assets have allowed company to do well through various pricing cycles. Excellent prospects going forward. Would recommend buying for the long term. Copper assets very high quality. Recent acquisition of shares has been good capital allocation.
The question was on Iamgold and Teck Resources. IMG has declared some good news from its Quebec mine and Teck has more copper production with gold as an add-on. However both operate in some places that are less politically agreeable. He likes the gold sector but prefers bigger and more diversified companies in more stable countries including the U.S., Canada, Mexico and Chile. Following along this theme he owns both Kinross and Agnico Eagle.
He remains bullish on the copper industry over the next 5 years. Whether to step in here depends on your timeframe. Near term might be soft, as global economy showing signs of softness. Extraordinarily strong balance sheet. Well run given its size. Enviable inventory of zinc and copper mines, plus smelters.
QB2 will be a very valuable asset. Always bumps getting a new mine underway, but outlook for copper long term is very positive. Biggest risk to portfolios is that inflation eats your money, so you need to own things that can put up prices tomorrow if inflation goes up today.
Loves that it's focusing on copper and zinc. Very challenging to build those mines anywhere in the world, so it's great long term. But it is a commodity company, subject to swings in copper and zinc, and that's why he usually stays away from commodity companies.
(Analysts’ price target is $80.00)Teck Resources Ltd. (B) is a Canadian stock, trading under the symbol TECK.B-T on the Toronto Stock Exchange (TECK.B-CT). It is usually referred to as TSX:TECK.B or TECK.B-T
In the last year, 25 stock analysts published opinions about TECK.B-T. 12 analysts recommended to BUY the stock. 12 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Teck Resources Ltd. (B).
Teck Resources Ltd. (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Teck Resources Ltd. (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
25 stock analysts on Stockchase covered Teck Resources Ltd. (B) In the last year. It is a trending stock that is worth watching.
On 2025-06-06, Teck Resources Ltd. (B) (TECK.B-T) stock closed at a price of $52.83.
Doesn't currently own; has been in and out, depending on how he feels about copper. Approximately the 11th largest producer of copper globally, a lot of which is pinned on the QB2 mine (a year behind, struggling to get up to full speed). But it will double copper production by 2027. Once that mine is steadier, probably looking at more share buybacks which is good for organic ROIC for shareholders.
Trades at a discount. Thinks he'll be back in very soon. He likes where copper is, even with the uncertainty around China. Q3 is probably when we'll start to see some really good momentum in the stock.