Added to YB: 2024-02-01
Pitch date: 2024-01-31
TECK [bullish]
Teck Resources Limited
+12.05%
current return
Author Info
No bio for this author
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Company Info
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America.
Market Cap
CAD 31.3B
Pitch Price
CAD 53.01
Price Target
N/A
Dividend
1.64%
EV/EBITDA
5.00
P/E
25.28
EV/Sales
2.07
Sector
Metals and Mining
Category
special_situation
Show full summary:
Teck Resources: Our Top Pick To Ride The Copper Boom
$TECK to benefit from copper deficit & US rally. Sale of coal biz to streamline TECK into pure copper play, fund expansions, boost output & efficiency. Buybacks likely given 10.4x fwd P/E. Copper bull mkt til 2028+. Strong Buy for significant returns.
Read full article (5 min)