Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. The company operates through Copper and Zinc segments. It offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. The company also produces lead, precious metals, molybdenum, fertilizers, and other metals; and sells refined metals or concentrates. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is based in Vancouver, Canada.
Copper-Centric Shift | Explore Teck Resources' strategic pivot to copper, driven by the $6.9B coal business sale and QB2 mine development, positioning for green tech demand |
Financial Resilience | Delve into Teck's robust financials, with strong EBITDA and liquidity, as analysts project revenue of C$16,518M and EPS of C$7.30 for fiscal 2024 |
Operational Hurdles | Learn about challenges at QB2, including geotechnical issues affecting production, while the company focuses on stabilizing operations and achieving targets |
Market Positioning | Discover Teck's evolving market strategy, including a C$2.75B share buyback plan and potential M&A activities, amid a favorable copper market outlook |
Metrics to compare | TECK | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipTECKPeersSector | |
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P/E Ratio | −237.0x | 21.0x | 1.8x | |
PEG Ratio | 3.25 | 0.04 | 0.00 | |
Price/Book | 1.0x | 1.2x | 1.6x | |
Price / LTM Sales | 2.7x | 1.7x | 1.2x | |
Upside (Analyst Target) | 9.3% | 14.8% | 27.1% | |
Fair Value Upside | Unlock | 11.3% | 4.4% | Unlock |