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Teck Resources Ltd
Symbol TECK
Shares Issued 483,046,012
Close 2025-07-09 C$ 52.61
Market Cap C$ 25,413,050,691
Recent Sedar+ Documents

Globe says Teck seen having a "discounted valuation"

2025-07-10 06:41 ET - In the News

The Globe and Mail reports in its Thursday, July 10, edition that National Bank Financial analyst Shane Nagle continues to rate Teck Resources "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle hiked his share target to $66 from $65. Analysts on average target the shares at $64.09. Mr. Nagle says in a note: "We account for unplanned downtime impacting production/sales at Antamina, Andacollo and QB2 with more consistent operation at the latter mine throughout H2/25. Reiterating 2025 operating guidance and maintaining the pace of share buybacks would support an improved outlook through the remainder of the year given Teck's discounted valuation." The Globe reported on Dec. 11 and Jan. 23 that Mr. Nagle rated Teck Resources "sector perform." The shares could then be had for $64.94 and $62.29. The Globe reported on June 10 that Citi analyst Alexander Hacking had reaffirmed his "neutral" rating for Teck Resources. The shares could then be had for $53.37.

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