1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
China plays a defining role for Teck Resources as the biggest buyer of everything the company digs out of the ground: metallurgical coal, copper, zinc, and lead. With the exception of lead, demand for these commodities is tied to fixed-asset investment. We expect a rebalancing of China's economy from investment to household consumption will mean weaker demand growth for investment-oriented commodities and lower prices than the favourable 2023 levels.
Teck Resources is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc contributing a smaller amount to earnings. Teck ranks as the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. It is building a major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, which will increase Teck’s attributable copper production by around 80%. Along with a number of additional copper growth options, Teck’s strategy is to rebalance its portfolio to low carbon metals such as copper. To that end, it sold its oil sands business in early 2023.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TECK.B’s competitive advantage.
Teck Resources Ltd Class B (Sub Voting)
XTSE: TECK.B
| BHP Group Ltd
XASX: BHP
| Rio Tinto Ltd
XASX: RIO
| Anglo American PLC
XLON: AAL
| |
Price
| 56.72 | 44.72 | 114.58 | 2,457.00 |
Currency
| CAD | AUD | AUD | GBX |
Change
| −$0.31 (0.54%) | +$0.59 (1.34%) | +$0.58 (0.51%) | −$2.50 (0.10%) |
Market Cap
| 29.21 Bil | 226.34 Bil | 185.87 Bil | 3.29 Tril |
Industry
| Other Industrial Metals & Mining | Other Industrial Metals & Mining | Other Industrial Metals & Mining | Other Industrial Metals & Mining |
Sector
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. TECK.B has a forward dividend yield of 0.88%.
See
TECK.B’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
TECK.B’s market cap is 29.21 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
TECK.B’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
TECK.B’s price/sales is 1.87.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
TECK.B’s price/forward earnings is 10.50.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
TECK.B’s price/book is 1.11.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See TECK.B’s valuation ratios compared to the Market Index.
TECK.B’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare TECK.B’s historical performance against its industry peers and the overall market.
