Added to YB: 2025-02-03
Pitch date: 2025-01-31
TECK [bullish]
Teck Resources Limited
+10.37%
current return
Author Info
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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 39.02
Price Target
N/A
Dividend
1.64%
EV/EBITDA
5.00
P/E
25.28
EV/Sales
2.07
Sector
Metals and Mining
Category
value
Tactical Commodities Basket - Stock #3 - Teck Resources Limited
TECK: Top Canadian copper miner, high-quality assets, 2x production to 800k tonnes by 2030. Strong shareholder returns, net cash $1.35B. 5x LTM EBITDA, below 10y avg 6x. Attractive at 4x fwd EBITDA/9.4% FCFE yield. Risks: cyclical, costs, jurisdiction. M&A potential.
Read full article (3 min)