Teck Resources Limited

TECK.B

CA8787422044

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 04:15:36 2024-05-03 pm EDT			5-day change	1st Jan Change
67.43 ^CAD	+1.74%		-2.06%	+20.39%

May. 03	Strong copper price reviving Peru's mining mojo, minister says	RE
Apr. 30	B. Riley Lifts Price Target on Teck Resources to CA$73 From CA$72, Keeps Buy Rating	MT

Teck Resources Limited Reports Earnings Results for the First Quarter Ended March 31, 2024

April 23, 2024

Teck Resources Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 3,988 million compared to CAD 3,785 million a year ago. Net income was CAD 343 million compared to CAD 1,140 million a year ago.

Basic earnings per share from continuing operations was CAD 0.66 compared to CAD 2.27 a year ago. Diluted earnings per share from continuing operations was CAD 0.65 compared to CAD 2.23 a year ago. Basic earnings per share was CAD 0.66 compared to CAD 2.22 a year ago.

Diluted earnings per share was CAD 0.65 compared to CAD 2.18 a year ago.

Latest news about Teck Resources Limited

Strong copper price reviving Peru's mining mojo, minister says	May. 03	RE
B. Riley Lifts Price Target on Teck Resources to CA$73 From CA$72, Keeps Buy Rating	Apr. 30	MT
Teck Resources Price Target Increased to $73 from $72 by B. Riley Securities, "Buy" Rating Confirmed	Apr. 29	MT
Copper Hits US$10,000 a Ton as BHP Bid Shows Tight Supply Pipeline	Apr. 26	MT
Teck Announces Dividend Unchanged From February	Apr. 25	MT
Toronto market ends higher as commodity prices climb	Apr. 25	RE
Teck Resources Brief: Adds That Divestiture Will Provide "Significant" Cash to Bolster the Balance Sheet Ahead of Delivering "Next Leg of Copper Growth" and Returning a "Significant Amount of Cash" to Shareholders	Apr. 25	MT
Teck Resources Brief: Says What Would Be "Supportive of a Re-rating" Is a Divestiture of Steelmaking Coal Business in Q3	Apr. 25	MT
Teck Resources Brief: Outperform Rating and C$77.50 Target Unchanged at National Bank After Incorporating Q1 Results; Notes QB2 Ramp-Up in Focus, Guidance Maintained	Apr. 25	MT
Teck Resources Limited Announces Dividend, Payable on June 28, 2024	Apr. 25	CI
Transcript : Teck Resources Limited - Shareholder/Analyst Call	Apr. 25
Teck Resources Shares Rise Following Q1 Results, Outlook on Copper Production	Apr. 25	MT
Teck Resources Jumps 7.4% as Q1 Profit Falls, but Flags Higher Copper Production with Ramp-Up of QB Operation	Apr. 25	MT
Toronto Stocks Move Lower; Teck Resources Rises on Jump in Copper Output	Apr. 25	DJ
Tranche Update on Teck Resources Limited (TSX:TECK.B)'s Equity Buyback Plan announced on November 20, 2023.	Apr. 25	CI
Transcript : Teck Resources Limited, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Copper Stocks Brief: Teck Up Near 5%; Capstone Up More Than 3%; Ivanhoe and Lundin Both Up Near 1% On News of BHP and Anglo Proposal	Apr. 25	MT
Top deals in the global mining sector	Apr. 25	RE
Teck Resources Q1 Adjusted Earnings Fall, Revenue Drops	Apr. 25	MT
Teck Resources Q1 Headline Results as Expected, Copper Portfolio Still "Attractive Target," National Bank Says	Apr. 25	MT
Teck Resources Q1 Profit Falls, but Flags Higher Copper Production with Ramp-Up of QB Operation	Apr. 25	MT
Correction: -- Teck Resources Brief: Reported Earlier Thursday Q1 Adjusted Basic and Diluted EPS From Continuing Operations of $0.76 and $0.75 Respectively	Apr. 25	MT
Teck Resources Brief: Shares Currently Up Near 1.8% In US Premarket Trade	Apr. 25	MT
Teck Resources Brief: Also Flagged Increasing Copper Production With QB Ramp-Up And Completion Of All Major Construction	Apr. 25	MT
Teck Resources Brief: Reported Earlier Thursday Q2 Adjusted Basic and Diluted EPS From Continuing Operations of $0.76 and $0.75 Respectively	Apr. 25	MT

Chart Teck Resources Limited

Duration

Period

More charts

Company Profile

Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Companyâs operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion, Quebrada Blanca, Quebrada Blanca Phase II, Quintette Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a large copper and zinc mine, located in the Andes Mountain range of Peru. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile. The Fording River Extension Project is located adjacent and to the south of Teckâs existing Fording River Operations. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

Sector

Diversified Mining

Calendar

2024-06-16 - Ex-dividend day

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

INTERVIEW - Teck Resources CEO Jonathan Price: why Glencore's bid was rejected

April 13, 2023 at 12:24 pm EDT

More Strategies

Ratings for Teck Resources Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

67.43 CAD

Average target price

70.11 CAD

Spread / Average Target

+3.97%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Integrated Mining

	1st Jan change	Capi.
TECK RESOURCES LIMITED	+20.39%	25.59B
BHP GROUP LIMITED	-15.87%	142B
RIO TINTO PLC	-6.42%	118B
GLENCORE PLC	-3.62%	69.4B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+2.47%	48.96B
GRUPO MÉXICO, S.A.B. DE C.V.	+11.62%	48.1B
ANGLO AMERICAN PLC	+36.68%	41B
HINDUSTAN ZINC LIMITED	+48.29%	23.89B
VEDANTA LIMITED	+60.76%	18.51B
IVANHOE MINES LTD.	+48.33%	17.69B

Integrated Mining