TECK
Teck Resources Ltd (TECK) Q1 2026 Earnings Call Highlights: Record Copper Sales and Doubling of ...
Article Summary
HOLD- Teck Resources Ltd. (NYSE: TECK) reported record quarterly copper sales and a more than doubling of adjusted EBITDA to $2.1 billion, driven by record quarterly sales volumes and higher commodity prices.
- Teck Resources maintained strong operational performance across its copper and zinc segments with no changes to its annual guidance, with gross profit margins improving significantly to 62% for copper and 37% for zinc.
- Cash flow from operations increased significantly, contributing to a $338 million increase in net cash position and a $9.8 billion liquidity position as of April 2026.
- Management maintained strong safety performance with a low high potential incident frequency rate of 0.05, below the 2025 annual rate, and maintained a dividend of $0.50 per share.
- Despite uncertainty regarding the timing of the installation of permanent infrastructure at QB, the company made considerable progress on its merger with Anglo American, obtaining regulatory approval from South Korea and advancing integration readiness.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 5.5% | 25% | 35.0 ptsBelow Screener (5.5%) - Weak growth |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | 0.3% | 20% | 20.0 ptsMinimal Upside (0.3%) - Target: $60.88 vs Current: $60.67 |
| Gross Margin % ? | 28.6% | 15% | 40.0 ptsModerate (28.6%) - Adequate margins |
| Drawdown from 52-Wk High ? | -4.1% | 15% | 20.0 ptsBarely a Dip (-4.1%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TECK
- Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe.
- It operates through Copper and Zinc segments. The company offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver.
- It also produces lead, precious metals, molybdenum, fertilizers, and other metals; and sells refined metals or concentrates.
- In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009.
- Teck Resources Limited was founded in 1913 and is based in Vancouver, Canada.