TECK · NYSE · Copper

Teck

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

$69.57
After-hours close+0.23 (+0.33%)
At close$69.34(−1.70%)
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Profile

Teck Resources LimitedTECKMaterials

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

Key statistics

Market cap$33.49B
EPS (ttm)$3.65
P/E (ttm)18.98
ROE9.6%
P/B1.71
P/S3.33
Dividend yield0.52%
Beta2.13vs XLB 0.82

Year to date +44.4% · Average volume (30d) 3.1M

Analysts

Price target, next 12 months$68.00−1.9%Median of 26 analysts · vs the Aug 28 close
ConsensusBuy18 of 26 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Jul 23, 2026Raymond JamesUpgradeMarket PerformOutperform
Jul 2, 2026Deutsche BankReiterateBuy$62$68
Apr 15, 2026Deutsche BankTarget$46$62
Feb 23, 2026Truist FinancialTarget$67
Nov 26, 2025Deutsche BankTarget$42$46

Earnings

EPS

Estimate$0.96
ReportedDue Oct 22, 2026

Revenue

Estimate$3.00B
ReportedDue Oct 22, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 23, 2026Q2 FY26$0.95$1.39+46.2%$2.38B$2.54B+6.5%+0.57%
Apr 23, 2026Q1 FY26$0.80$1.20+49.6%$2.32B$2.83B+21.7%−0.95%
Feb 19, 2026Q4 FY25$0.66$0.98+48.3%$2.21B$2.23B+1.0%+0.19%
Oct 22, 2025Q3 FY25$0.39$0.55+41.0%$2.07B$2.43B+17.5%+0.74%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.65B$1.46B$2.43B$2.20B$2.84B$2.59B
Gross profit$385.6M$338.8M$474.8M$657.7M$1.23B$1.15B
Operating income$360.4M$224.4M$369.7M$467.9M$1.07B$1.04B
Net income$266.2M$148.2M$202.1M$391.0M$589.1M$614.6M
Diluted EPS$0.53$0.29$0.41$0.80$1.20$1.24
Gross margin23.4%23.3%19.5%29.9%43.5%44.3%
Operating margin21.9%15.4%15.2%21.3%37.6%40.1%

Fiscal years (4-quarter sums)FY21 $9.70B · FY22 $11.51B · FY23 $9.64B · FY24 $6.52B · FY25 $7.74B

Revenue by geography · FY25

China$1.84B · 24%
United States$965.4M · 13%
Japan$922.9M · 12%
Korea, Republic of$783.4M · 10%
Canada$732.3M · 10%
Germany$663.2M · 9%
Chile$495.6M · 7%
Spain$427.3M · 6%
India$302.1M · 4%
Australia$215.1M · 3%
Belgium$143.9M · 2%
Netherlands$80.6M · 1%

Balance sheet, Jun 30, 2026Cash & short-term investments $4.36B · Total debt $7.05B · Total assets $34.58B · Shareholders' equity $19.86B

Dividends

Next ex-date
Sep 15, 2026
in 17 days
Annual dividend
$0.36
per share
Dividend yield
0.52%
Schedule
Quarterly
4 payments a year

Last cut to $0.0894 from $0.091 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jun 15, 2026Jun 15Jun 30$0.0894cut from $0.091
Mar 13, 2026Mar 13Mar 31$0.091raised from $0.0908
Dec 15, 2025Dec 15Dec 31$0.0908raised from $0.0906
Sep 15, 2025Sep 15Sep 29$0.0906cut from $0.0922
Jun 16, 2025Jun 16Jun 30$0.0922raised from $0.0869
Mar 14, 2025Mar 14Mar 31$0.0869cut from $0.0878
Dec 13, 2024Dec 13Dec 31$0.0878cut from $0.0911
Sep 13, 2024Sep 13Sep 27$0.4602special dividend
View details

Ownership

Institutions 71.20%Insiders

Shares outstanding 483.00M · Float 468.11M · 96.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.33.91M6.60%13D/GOct 25, 2024
Principal Financial Group Inc23.00M4.76%13FAug 4, 2026
Royal Bank of Canada16.73M3.46%13FAug 14, 2026
UBS Group AG14.60M3.02%13FAug 13, 2026
Vanguard Capital Management LLC13.08M2.71%13FAug 13, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • Freeport-McMoRan

    Global-scale copper producer across concentrate and cathode markets

  • Southern Copper

    Americas copper major with concentrate, cathode and zinc overlap

  • Nexa

    Integrated zinc miner and smelter with Latin American copper overlap

  • Hudbay Minerals

    Copper-focused Americas miner with by-product zinc and growth projects

CompareAfter-hours close

CompanyPriceChange
Teck$69.57+0.33%$33.49B19.021.03.3+70.8%
Freeport-McMoRan$76.29−0.20%$109.92B37.521.64.2−7.3%
Southern Copper$212.73+1.39%$175.04B30.729.611.1+40.6%
Nexa$13.35+0.04%$1.77B6.44.40.5+28.2%
Hudbay Minerals$29.00−1.01%$13.01B17.316.25.2+17.7%
Median24.018.94.7+22.9%