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Teck Resources ( ($TSE:TECK.B) ) just unveiled an announcement.
Teck Resources announced its unaudited second quarter results for 2025, highlighting significant progress in copper production with the approval of the Highland Valley Copper Mine Life Extension project. The company reported an adjusted EBITDA of $722 million, slightly higher than the previous year, driven by improved profitability from its Trail Operations. Despite lower copper and zinc prices, Teck’s strong balance sheet, with $8.9 billion in liquidity, supports its resilience to market uncertainties. The company has returned $1.0 billion to shareholders through share buybacks and continues to focus on disciplined growth. The Highland Valley Copper Mine Life Extension project, sanctioned on July 23, 2025, is expected to extend the mine’s life to 2046, with average annual copper production of 132,000 tonnes.
The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.
Spark’s Take on TSE:TECK.B Stock
According to Spark, TipRanks’ AI Analyst, TSE:TECK.B is a Neutral.
Teck Resources faces a mixed outlook. Strong financial performance and strategic initiatives are overshadowed by technical indicators suggesting bearish momentum and high valuation concerns. Operational challenges and increased CapEx further add to the risk profile.
To see Spark’s full report on TSE:TECK.B stock, click here.
More about Teck Resources
Teck Resources Limited is a Canadian company operating in the mining industry, primarily focusing on the production of copper, zinc, and other metals. The company is committed to advancing its copper growth while maintaining shareholder returns through share buybacks. It is headquartered in Vancouver, British Columbia.
Average Trading Volume: 1,539,305
Technical Sentiment Signal: Sell
Current Market Cap: C$23.88B
For a thorough assessment of TECK.B stock, go to TipRanks’ Stock Analysis page.