|Bid||57.37 x 0|
|Ask||57.36 x 0|
|Day's Range||56.90 - 58.21|
|52 Week Range||32.68 - 66.04|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||8.10|
|Earnings Date||Jul 27, 2023|
|Forward Dividend & Yield||0.50 (0.87%)|
|Ex-Dividend Date||Jun 14, 2023|
|1y Target Est||69.16|
Teck Resources Ltd (TECK) closed at $42.93 in the latest trading session, marking a +0.44% move from the prior day.
Teck Resources (TECK) indicates that it has received indications of interest for deals for its coal assets.
VANCOUVER — Teck Resources Ltd. says it has received an unspecified number of "indications of interest" for potential deals on a spinoff of its coal assets as it seeks alternatives to the unsolicited takeover bid being pushed by Glencore. “There is widespread recognition in the market today of the value of our high-margin, long-life steelmaking coal assets, which has, in turn, generated considerable interest from various parties,” said chief executive Jonathan Price in a statement Tuesday. The c
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,055.60, up 123.98): Suncor Energy Inc. (TSX:SU). Energy. Up 44 cents, or 1.12 per cent, to $39.79 on 18.7 million shares. Manulife Financial Corp. (TSX:MFC). Finance. Up 14 cents, or 0.55 per cent, to $25.84 on 6.4 million shares. Enbridge Inc. (TSX:ENB). Energy. Up 34 cents, or 0.68 per cent, to $50.52 on 6.0 million shares. Canadian Natural Resources Ltd. (TSC:CNQ). Energy. Up 4
Announced a CAD$10 million donation to the Chilean Nature Fund to support Chile’s Protected Marine Areas ...
(Bloomberg) -- Teck Resources Ltd. received several proposals for deals involving its coal operations, as the Canadian miner works to draw up a new plan for splitting off the business while rejecting a bid from Glencore Plc.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbas
VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a CAD$10 million donation to the Chilean Nature Fund (“FNC”) to support Chile’s Protected Marine Areas program and protection of a critical global biodiversity area. The donation supports conservation initiatives for all Chile’s Protected Marine Program, with a focus on the Juan Fernández Archipelago, an ecologically-significant area which has been d
TORONTO (Reuters) -Teck Resources said on Tuesday it has received several proposals for its steelmaking coal business, without revealing if one included a revised offer from Swiss trading and mining firm Glencore which launched its takeover bid for the Canadian miner over two months ago. Vancouver-based Teck said in a statement its board will evaluate all "actionable, value-accretive proposals" before making a decision, noting that a transaction is not guaranteed. It did not reveal the names of interested parties, or whether it includes an offer from Glencore.
Teck Resources said on Tuesday it has received several proposals for its steelmaking coal business, without revealing if one included a revised offer from Swiss trading and mining firm Glencore which launched its takeover bid for the Canadian miner over two months ago. Vancouver-based Teck said in a statement its board will evaluate all "actionable, value-accretive proposals" before making a decision, noting that a transaction is not guaranteed. It did not reveal the names of interested parties, or whether it includes an offer from Glencore.
VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today confirmed that it has received a number of inbound indications of interest regarding various forms of potential transactions involving Teck’s steelmaking coal business. As previously announced, Teck is pursuing a separation of its base metals and steelmaking coal businesses. Teck’s Board of Directors and independent Special Committee, with the support of their
(Bloomberg) -- Teck Resources Ltd. is struggling to secure the support of top shareholder China Investment Corp., as the Canadian miner studies options to exit its coal business while fending off a takeover bid from Glencore Plc.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot
Governments need to speed up permitting of new mines to boost their chances to meet a surge in demand for minerals vital to feed the clean energy transition, Teck Resources chief executive Jonathan Price said on Thursday. "Across government and industry, there is growing awareness that supporting the low-carbon transition and our growing population means meeting new demand for critical minerals," Price said, speaking at the Canada-UK Chamber of Commerce in London, where Teck opened an office last year.
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VANCOUVER — Teck Resources Ltd. has promoted Ian Anderson to the post of chief commercial officer as the company continues work on a plan to separate its base metal and steelmaking coal operations. Anderson assumed the role effective May 16, succeeding Réal Foley, who is expected to help with the transition until his retirement in late November. Anderson was most recently Teck’s vice-president, logistics. The Vancouver-based mining company also announced that André Stark has been appointed vice-
VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the following executive and vice president appointments: Ian Anderson has been appointed SVP & Chief Commercial Officer, effective May 16, 2023. Mr. Anderson succeeds Réal Foley, who will retire in late November 2023. Mr. Foley will support transition activities across Teck’s Marketing and Logistics and strategic initiatives until his retirement. “Ian
VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Vancouver Coastal Health (VCH), Teck Resources Limited (“Teck”) and VGH & UBC Hospital Foundation are partnering to study how antimicrobial copper can be used to prevent infections and improve health outcomes in three long-term care homes across the VCH region. Funded by Teck, it will be the first study of its size in Canada. Teck has provided $750,000 in funding through its Copper & Health program for the research study that includes
TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore's bid for the Canadian miner, as Japan's top steelmaker remains eager to take a stake in Teck's high-grade coking coal asset, a senior executive said. "We are still negotiating with Teck toward making an equity investment in coal assets," executive vice president Takahiro Mori told Reuters in an interview on Wednesday. "The amount of our investment may need to be lifted due to Glencore's bid, but we are determined to take 15% or more stake in the coal asset so that we can make it an affiliate unit," he said.
VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- A collaborative cross-Canadian partnership between infection control researchers, transit authorities and private industry has demonstrated the effectiveness of antimicrobial copper to reduce the spread of bacteria and viruses in public spaces. The results of a successfully completed, one-year study, led by the medical microbiology research team at Vancouver Coastal Health and hosted by TransLink and Toronto Transit Commission, found
Stocks in Toronto slipped on Tuesday and logged their worst day in three weeks after data showed consumer ...
Buying Teck Resources' coal business as a standalone unit is a "distant second" for Glencore and Teck should not leave out the Swiss miner if it keeps pursuing its separation plan, boss Gary Nagle told the Bank of America conference in Barcelona on Tuesday. Teck has rebuffed the Swiss miner and trader's $22.5 billon offer to combine the two companies, instead pursuing plans to separate its copper and coal business. Glencore's plan would combine and spin off its thermal coal unit and Teck's steelmaking coal business.
(Bloomberg) -- The chief executive officers of Glencore Plc and Teck Resources Ltd. took their battle for the future of the Canadian miner to Barcelona, offering competing pitches to investors.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year HistoryUS 30-Year
Glencore's hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have lobbied the federal government to push the nation's biggest pension funds to lift their exposure to domestic companies, according to a presentation seen by Reuters. The previous unreported proposal is an unusual move, but mirrors the broader nationalistic sentiment at display in Canada since the Swiss miner's unsolicited approach for one of the country's top mining firms by market value. Politicians and business lobby groups have asked the federal government to block the $22.5 billion bid and Ottawa has said Glencore would face rigorous scrutiny.
VANCOUVER, British Columbia, May 12, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has completed the previously announced plan of arrangement under the Canada Business Corporations Act to introduce a six-year sunset for the multiple voting rights attached to the Class A common shares of Teck (the “Dual Class Amendment”). As explained more fully in Teck’s management proxy circular dated March 23, 2023, each Class A common sha
VANCOUVER, British Columbia, May 12, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that the Zafranal copper project in Peru has received regulatory approval from SENACE, Peru´s National Service of Environmental Certification for Sustainable Investments. Zafranal is a highly competitive, mid-sized copper-gold development project located in the porphyry copper belt of Southern Peru in the Arequipa Region. The deposit is owned by Compa