TECK · NYSE · Copper

Teck (TECK)

Mines copper and zinc across the Americas and refines metals at Trail.

$67.91
vs last close+1.15 (+1.72%)
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Teck Resources LimitedTECK
Materials

Produces copper and zinc through mines and processing operations across the Americas, selling concentrates and refined metals alongside by-products. The portfolio is organized into Copper and Zinc, with performance tied to commodity prices, throughput, permits, water and tailings management, and project execution.

Operates copper mines at Quebrada Blanca, Highland Valley Copper, Antamina and Carmen de Andacollo, alongside zinc operations at Red Dog and Trail. The portfolio spans Canada, the United States, Chile and Peru, selling concentrates and refined metals with gold, molybdenum, lead and silver by-products.

Combines long-duration mine operation, metallurgical processing and large-project development. Quebrada Blanca is the main operating transition after major construction finished, while Trail anchors refined zinc processing and Antamina is reported at Teck's proportionate interest.

Depends on copper and zinc prices, reliable mine and smelter throughput, permits, water access, tailings management, and agreements with Indigenous peoples and communities. Quebrada Blanca stabilization and expansion execution remain operating priorities, while the Anglo American merger is pending further approvals.

Company facts

CEOJonathan H. Price
ListedJul 18, 2002
ExchangeNYSE
HeadquartersVancouver, BC
CountryCanada
Employees7,854
CIK0000886986
ISINCA8787422044

Market cap$32.25B
EPS (ttm)$3.62
P/E (ttm)18.45
ROE9.6%
P/B1.64
P/S3.24
Dividend yieldDiv yield0.54%
Beta2.13vs XLB 0.86

Price target$68.00+1.9%Average of 26 analysts
ConsensusBuy18 of 26 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 23, 2026Raymond JamesUpgrade
Rating: Market Perform
Rating: Outperform
Jul 2, 2026Deutsche BankReiterate
Rating: Target: $62
Rating: BuyTarget: $68
Apr 15, 2026Deutsche BankTarget
Target: $46
Target: $62
Feb 23, 2026Truist FinancialTarget
Target:
Target: $67
Nov 26, 2025Deutsche BankTarget
Target: $42
Target: $46

Next report
Oct 22, 26
in 30 days
EPS estimate
$0.90
Revenue estimate
$2.98B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.33$0.42$0.27$0.55$0.98$1.20$1.39Pending
Estimate$0.26$0.25$0.18$0.39$0.66$0.80$0.95$0.90
Surprise+26.9%+67.9%+54.1%+41.0%+48.3%+49.6%+46.2%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.94B$1.61B$1.49B$2.43B$2.23B$2.83B$2.54BPending
Estimate$1.82B$1.50B$1.59B$2.07B$2.21B$2.32B$2.38B$2.98B
Surprise+6.6%+7.5%−6.7%+17.5%+1.0%+21.7%+6.5%
Estimate$0.90
ReportedDue Oct 22, 2026
Estimate$2.98B
ReportedDue Oct 22, 2026
View details

Debt to equity35.50%
Current ratio311.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.03B$1.98B$1.63B$1.44B$2.41B$2.17B$2.80B$2.56B
Net income−$496.7M$283.5M$262.9M$146.4M$199.7M$386.3M$582.0M$607.1M
Net margin0.0%14.3%16.2%10.2%8.3%17.8%20.8%23.7%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$446.3M$216.7M$356.0M$221.7M$365.3M$462.2M$1.05B$1.03B
YoY growthLoss widened−66.1%+24,950.0%0.0%Turned profit+113.3%+196.0%+363.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $4.30B · Total debt $6.96B · Total assets $34.16B · Shareholders' equity $19.62B

Revenue
$2.56B
Operating income
$1.03B
Net income
$607.1M

Reported in CAD, converted at the latest exchange rate

View details

Dividend yield
0.54%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$0.36
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.0878$0.0869$0.0922$0.0906$0.0908$0.091$0.0894$0.0898
Annual yield0.41%0.85%0.92%0.85%0.84%0.74%0.55%0.56%
Ex-dateDec 13Mar 14Jun 16Sep 15Dec 15Mar 13Jun 15Sep 15
Payment dateDec 31Mar 31Jun 30Sep 29Dec 31Mar 31Jun 30Sep 29
View details

Institutions70.35%343.66M ADS
548 holders · as of Jun 30, 2026
Insiders5.54%27.07M ADS
1 holder · as of Feb 14, 2023
Other24.11%117.74M ADS
remainder

488.48M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Capital Research Global InvestorsInstitution
11.64%56.87Mfiled Apr 10, 2018
Page 2. Of 4. PagesInsider
5.54%27.07Mfiled Feb 14, 2023
Principal Financial Group IncInstitution
4.71%23.00M B ADSas of Jun 30, 2026
Royal Bank of CanadaInstitution
3.43%16.73M B ADSas of Jun 30, 2026
UBS Group AGInstitution
2.99%14.60M B ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
Teck$67.91+1.72%$32.25B18.421.53.2+70.8%
Freeport-McMoRan$73.64+2.04%$103.69B35.420.64.0−7.3%
Southern Copper$202.55+2.27%$165.25B29.028.010.5+40.6%
Nexa$12.97+0.82%$1.70B6.24.20.5+28.2%
Hudbay Minerals$27.16+1.91%$11.84B15.815.04.8+17.7%
Median22.417.84.4+22.9%