TECK-B.TO - Teck Resources Limited

Toronto - Toronto Delayed Price. Currency in CAD
15.19
+0.22 (+1.47%)
At close: 4:00PM EDT
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Previous Close14.97
Open15.21
Bid15.17 x 0
Ask15.18 x 0
Day's Range15.08 - 16.04
52 Week Range8.15 - 30.41
Volume3,174,692
Avg. Volume2,649,782
Market Cap8.08B
Beta (5Y Monthly)1.76
PE Ratio (TTM)N/A
EPS (TTM)-2.79
Earnings DateN/A
Forward Dividend & Yield0.20 (1.32%)
Ex-Dividend DateJun. 12, 2020
1y Target Est18.98
  • GlobeNewswire

    Teck Reports Delays to Red Dog Concentrate Shipments

    Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today reported a failure of the loading arm on one of two shipping barges at Red Dog Operations’ port in Alaska, on July 3, 2020. Teck has completed testing of the loading arm on the second shipping barge at the port to ensure its integrity. There were no injuries or environmental impacts related to this incident.

  • Teck Inks Deal With Deep-South to Increase Shareholding
    Zacks

    Teck Inks Deal With Deep-South to Increase Shareholding

    Deep-South will issue 4,352,941 shares to Teck (TECK) at an implied price of 8.5 cents per share in order to settle pending dues regarding the sale agreement.

  • GlobeNewswire

    Teck Increasing Interest in Deep-South through Settlement and Amending Agreement

    VANCOUVER, British Columbia, June 30, 2020 -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it and a wholly owned subsidiary has.

  • GlobeNewswire

    Teck Announces New Credit Facility, Closing of Notes Issue and Tender Offer Results

    Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the signing of a new US$1 billion unsecured two-year revolving credit facility, the closing of its previously announced US$550 million offering of ten-year notes and the results of the previously announced cash tender offers for its US$539 million of outstanding notes maturing in 2021, 2022 and 2023. “Together with our US$4 billion revolving credit facility that matures in Q4 2024 and our US$2.5 billion project financing facility for QB2, this new US$1 billion facility and the extension of near term debt maturities will give Teck significant liquidity as we complete QB2 and the Neptune expansion project.” The terms of the new US$1 billion revolving credit facility are substantially the same as the terms of Teck’s existing US$4 billion revolving credit facility.

  • Copper Rally: 1 Canadian Stock to Ride the Next Boom in Base Metals Prices
    The Motley Fool

    Copper Rally: 1 Canadian Stock to Ride the Next Boom in Base Metals Prices

    Is a copper rally about to begin? Here is one top Canadian stock that produces base metals.The post Copper Rally: 1 Canadian Stock to Ride the Next Boom in Base Metals Prices appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Teck Named to 2020 Best 50 Corporate Citizens in Canada

    Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) has been recognized as one of the top 50 companies in Canada for corporate citizenship, being named to the Best 50 Corporate Citizens in Canada ranking by Corporate Knights. This marks the 14th consecutive year Teck has been named to the Best 50. “This recognition is made possible by our employees who ensure that sustainability is central to everything we do,” said Don Lindsay, President and CEO.

  • Contrarian Investors: 1 Cheap Stock With Huge Upside Potential in 2021
    The Motley Fool

    Contrarian Investors: 1 Cheap Stock With Huge Upside Potential in 2021

    This top commodity stock carries risk, but the upside potential could be significant through the end of next year.The post Contrarian Investors: 1 Cheap Stock With Huge Upside Potential in 2021 appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Teck Announces Pricing of US$550 Million of 10-Year Notes

    Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) announced today that it has priced an offering of senior unsecured notes. Teck will issue US$550 million principal amount of 10-year senior unsecured notes, which will bear interest at the rate of 3.900% per annum. The net proceeds from the offering of the notes are expected to be approximately US$542.2 million after the initial purchasers’ fees and estimated offering expenses.

  • GlobeNewswire

    Teck Announces Commencement of Tender Offers for 4.500% Notes due 2021, 4.75% Notes due 2022 and 3.750% Notes due 2023

    Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has commenced cash tender offers (each, an “Offer” and collectively, the “Offers”) for any and all of its outstanding 4.500% Notes due 2021 (the “2021 Notes”), 4.75% Notes due 2022 and 3.750% Notes due 2023 (each, a “series of Notes” and collectively, the “Notes”). Concurrently with the Offers, Teck is proposing to offer new senior notes in a private offering.

  • Value Investors: Could These 2 Stocks Soar 100% by 2022?
    The Motley Fool

    Value Investors: Could These 2 Stocks Soar 100% by 2022?

    Deals are still available in the market today. Are these two stocks two cheap to ignore?The post Value Investors: Could These 2 Stocks Soar 100% by 2022? appeared first on The Motley Fool Canada.

  • Momentum Investors: 2 Soaring Stocks That Could Double by 2021
    The Motley Fool

    Momentum Investors: 2 Soaring Stocks That Could Double by 2021

    These two cheap commodity stocks are finally on a roll and could go much higher.The post Momentum Investors: 2 Soaring Stocks That Could Double by 2021 appeared first on The Motley Fool Canada.

  • Oilprice.com

    This Unknown Metal May Be A Game-Changer For Space Travel

    As the international space race is heating up, countries need this critical metal which is used in different high tech applications, including space travel

  • Teck Restarts Antamina Mine Operations With Lower Workforce
    Zacks

    Teck Restarts Antamina Mine Operations With Lower Workforce

    Teck (TECK) resumes Antamina mine operations with reduced workforce after being shut on the Peruvian Government's restrictions in the wake of the coronavirus pandemic.

  • GlobeNewswire

    Antamina Resumes Operations

    VANCOUVER, British Columbia, May 27, 2020 -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) announced today that Compania Minera Antamina, in which Teck.

  • GlobeNewswire

    Teck’s 2019 Sustainability Review Investors’ Conference Call June 3, 2020

    VANCOUVER, British Columbia, May 19, 2020 -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announces that the company will hold a conference call to.

  • Cost-Cutting Actions Aid Teck Resources Amid Coronavirus Scare
    Zacks

    Cost-Cutting Actions Aid Teck Resources Amid Coronavirus Scare

    Teck Resources (TECK) is poised to gain from solid pipeline of projects and cost reduction efforts while global economic slowdown and weak commodity markets remain concerns.

  • Baystreet

    Futures Lag on WHO Warning

    Futures for stocks in Canada’s largest market fell on Thursday as the World Health Organization (WHO) ...

  • Oilprice.com

    Why Trump Is Desperate To Secure This Rare Metal

    There’s a new showdown quietly brewing between the world’s largest superpowers, and one critical metal will play a key role in how the face off turns out

  • Contrarian Investors: A Cheap Commodity Stock to Play the Global Economic Rebound
    The Motley Fool

    Contrarian Investors: A Cheap Commodity Stock to Play the Global Economic Rebound

    The stock market rally off the March lows wiped out many of the deals, but some unloved stocks still trade at very cheap prices.The post Contrarian Investors: A Cheap Commodity Stock to Play the Global Economic Rebound appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Teck Media and Investor Webcast Advisory

    VANCOUVER, British Columbia, May 06, 2020 -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer, Don Lindsay will be.

  • Teck and Suncor Cut Production at This Giant Oil Mine
    Motley Fool

    Teck and Suncor Cut Production at This Giant Oil Mine

    Teck Resources (NYSE: TECK), one of Canada's largest and most diversified miners, looked to move into the oil space to further increase its diversification. Although its massive Fort Hills oil sands project managed to stay alive through the last deep energy market downturn, the COVID-19-related oil plunge may be more than Teck and its Fort Hills partners can handle. In the fourth quarter of 2019, Teck's energy business had a gross profit margin of just 1%.

  • Oilprice.com

    The Critical Metal Trump Is Desperate To Secure

    COVID-19 will lead to a recession worse than the Great Depression, warns the IMF, but one crucial commodity will thrive while everything else crumbles

  • ‘I don’t think I would have done it’: Teck CEO reflects on journey into the oil sands
    Yahoo Finance Canada

    ‘I don’t think I would have done it’: Teck CEO reflects on journey into the oil sands

    Teck’s commitment to Canadian oil is growing more uncertain as plunging prices roil global energy markets.

  • GlobeNewswire

    Teck Reports Voting Results from Annual General Meeting

    VANCOUVER, British Columbia, April 22, 2020 -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today, in accordance with Toronto Stock Exchange.

  • Teck Resources takes $312 million loss on writedown of oilsands mine stake
    The Canadian Press

    Teck Resources takes $312 million loss on writedown of oilsands mine stake

    Measures taken to deal with the COVID-19 pandemic and low commodity prices are being blamed by Teck Resources Ltd. for a first-quarter loss attributable to shareholders of $312 million.The Vancouver-based miner said it is taking a $474-million writedown on its share in the Fort Hills oilsands mine operated by partner Suncor Energy Inc. after one of its two production trains was shut down last month due to low oil prices.It also reported $44 million in unexpected COVID-19 related expenditures in the three months ended March 31, with $32 million of that due to the ongoing suspension of construction at its US$5.2-billion Quebrada Blanca Phase 2 copper mine project in Chile.On a conference call, CEO Don Lindsay warned Teck is already seeing customers seeking to defer shipments of steelmaking coal as demand for steel falls due to a worldwide economic slowdown."While our COVID-19 response has temporarily reduced production at some of our operations, all of our managed sites are currently operating," he said."There has been no material impact on sales or shipments of Teck products due to COVID-19 to date, but there is a risk that sales volumes could decline significantly in Q2 following the dramatic slowdown we have seen in global economic activity."He said the company is suspending previous guidance for 2020 because of uncertainty.Teck's first-quarter loss on revenue of $2.4 billion compares with a profit of $630 million on revenue of $3.1 billion in the same period of 2018.The company reported an adjusted profit of $94 million, or 17 cents per share, compared with $587 million, or $1.03 per share, a year earlier.Analysts had been expecting an adjusted profit of 20 cents per share. Teck stock fell by as much as 8.7 per cent to $9.66 in early trading on Tuesday before rebounding to $9.99, down 5.6 per cent, at 1 p.m. EDT.Teck owns a 21.3 per cent stake in the Fort Hills mine.It reported a gross loss of $123 million from its energy business unit in the first quarter, compared with a loss of $5 million a year ago, as lower prices led to a $23-million writedown of inventory.A strong finish to the first quarter resulted in sales of 5.7 million tonnes of steelmaking coal, Teck noted, beating the upper end of its guidance of 5.2 million tonnes.It reported it has completed the expansion of its Elkview coal operations plant in B.C. to an annual capacity of nine million tonnes and will therefore be able to close its higher-cost Cardinal River mine in Alberta earlier than expected, by the end of June.Teck reduced staffing levels by about 50 per cent in early April at its B.C. coal and Highland Valley Copper mining operations to introduce measures to reduce pandemic risks.Lindsay said those works are now 75 per cent staffed as confidence has grown in the effectiveness of the measures.Teck is creating a $20-million fund to support COVID-19 response and recovery efforts, including the purchase of one million masks to be donated to British Columbia health care.This report by The Canadian Press was first published April 21, 2020.Companies in this story: (TSX:TECK.B, TSX:SU) Dan Healing, The Canadian Press