Teck Resources Ltd. (TECK)
Teck Resources: Copper Has Bottomed Out, Expect More Stimulus From China
Copper prices have struggled in 2024, but we believe they have bottomed out, presenting a buying opportunity for bullish investors. We maintain a "Strong Buy" rating on Teck Resources due to its robust fundamentals and potential for significant returns in 2025. Short-term copper price weakness is driven by China's sluggish economic recovery and the strong U.S. dollar, but these factors are likely temporary.
Teck Resources & Grid Metals to Develop Makwa Nickel Project in Canada
TECK & Grid Metals join forces to explore the Makwa nickel project. TECK has the option to acquire up to 70% stake in the project.
Teck Resources lowers annual copper production guidance
Teck Resources Ltd (TSX:TECK.B) has downwardly revised its annual copper production guidance, sending its shares more than 5% lower on Thursday. The company now expects copper production in the range of 420,000 to 455,000 tons, compared to its earlier forecast of 435,000 to 500,000 tons.
Teck Resources Limited (TECK) Q3 2024 Earnings Call Transcript
Teck Resources Limited (NYSE:TECK ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations & Strategic Analysis Jonathan Price - Chief Executive Officer Crystal Prystai - Chief Financial Officer Shehzad Bharmal - Senior Vice President, Operations Ian Anderson - Executive Vice President & Chief Commercial Officer Conference Call Participants Orest Wowkodaw - Scotiabank Bryce Adams - CIBC Carlos De Alba - Morgan Stanley Chris LaFemina - Jefferies Liam Fitzpatrick - Deutsche Bank Myles Allsop - UBS Lucas Pipes - B. Riley Securities Timna Tanners - Wolfe Research Operator Ladies and gentlemen, thank you for standing by.
Teck Resources Ltd (TECK) Q3 Earnings Beat Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.57 per share a year ago.
Earnings Preview: Teck Resources Ltd (TECK) Q3 Earnings Expected to Decline
Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Teck Resources (TECK) Q2 Earnings Beat Estimates, Decline Y/Y
Teck Resources' (TECK) Q2 earnings reflect the impact of lower steelmaking coal prices and zinc sales that offset higher sales for copper and steelmaking coal and elevated copper and zinc prices.
Teck Resources Limited (TECK) Q2 2024 Earnings Call Transcript
Teck Resources Limited (NYSE:TECK ) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations and Strategic Analysis Jonathan Price - Chief Executive Officer Crystal Prystai - Chief Financial Officer Shehzad Bharmal - Senior Vice President, Operations Karla Mills - Head, Project Ian Anderson - Chief Commercial Officer Robin Sheremeta - President, Coal Business Unit Conference Call Participants Orest Wowkodaw - Scotiabank Lucas Pipes - B. Riley Securities Jackie Przybylowski - BMO Capital Markets Liam Fitzpatrick - Deutsche Bank Timna Tanners - Wolfe Research Carlos De Alba - Morgan Stanley Bill Peterson - JPMorgan Brian MacArthur - Raymond James Operator Ladies and gentlemen, thank you for standing by.
Teck Resources Ltd (TECK) Q2 Earnings Top Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.91 per share a year ago.
Teck Resources Ltd (TECK) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
Teck Resources (TECK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Teck Resources (TECK) Exits Coal to Focus on Copper, Stock Up
Teck Resources (TECK) plans to use the proceeds from the sale of its steelmaking coal business to reduce debt, invest in its copper business and distribute cash to shareholders.
Teck Resources (TECK) Closes Sale of Its Steelmaking Coal Unit
Teck Resources (TECK) completes the sale of its steelmaking coal business, which should enable it to focus on growing its copper growth projects.
