Latest news with #TeckResourcesLimited
Yahoo
5 days ago
- Business
- Yahoo
JPMorgan and Morgan Stanley Raise their PT on Teck Resources Limited (TECK)
Due to strong hedge fund interest, Teck Resources Limited (NYSE:TECK) is among the . Copyright: tomas1111 / 123RF Stock Photo The analyst outlook remains mixed ahead of its Q2 earnings report that Teck Resources Limited (NYSE:TECK) is expected to release on July 24, 2025. For Q2 ended June 30, 2025, analysts expect a decline in the company's EPS and revenue by roughly 63% and 43%, respectively. Citing higher copper prices and improved recession risks, JPMorgan, on July 9, 2025, increased its price target on Teck Resources Limited (NYSE:TECK) from $41 to $44, maintaining an 'Outperform' rating. Meanwhile, Morgan Stanley increased its price target on Teck Resources Limited (NYSE:TECK) from $42 to $44; however, it downgraded the company's stock from 'Overweight' to 'Equal Weight' on July 15, 2025, citing the less compelling risk/reward dynamics in copper equities at the moment, following outperformance since April 2025. Across Asia, the Americas, and Europe, Teck Resources Limited (NYSE:TECK) operates mineral properties, focusing on copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. It is included in our list of the Best Material Stocks. While we acknowledge the potential of TECK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None.
Globe and Mail
5 days ago
- Business
- Globe and Mail
Teck Announces Dividend
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ('Teck') announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on September 29, 2025 to shareholders of record at the close of business on September 15, 2025. About Teck Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at or follow @TeckResources. Media Contact: Dale Steeves Director, External Communications 236.987.7405
Toronto Star
5 days ago
- Business
- Toronto Star
Teck Announces Dividend
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ('Teck') announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on September 29, 2025 to shareholders of record at the close of business on September 15, 2025.
Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
Teck Announces Dividend
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ('Teck') announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on September 29, 2025 to shareholders of record at the close of business on September 15, 2025. About Teck Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at or follow @TeckResources . Investor Contact: Emma Chapman Vice President, Investor Relations +44.207.509.6576 Media Contact: Dale Steeves Director, External Communications 236.987.7405
Toronto Star
6 days ago
- Business
- Toronto Star
Teck Reports Unaudited Second Quarter Results for 2025
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited second quarter results for 2025. 'This quarter marked a significant milestone in the growth of Teck's copper production into the future, with regulatory approval and Board sanction for construction of the Highland Valley Copper Mine Life Extension project,' said Jonathan Price, President and CEO. 'We remain focused on delivering disciplined, value-accretive growth while continuing to return cash to shareholders through our ongoing share buyback.'
