TECK
Basic MaterialsTeck Resources Limited · Industrial Materials · $30B
What is Teck Resources Limited?
Teck Resources Limited is a large-cap Canadian natural resources company with operations spanning North America, South America, Asia, and Europe. Founded in 1913 and headquartered in Vancouver, Canada, Teck is one of the most diversified mining companies listed on North American exchanges.
Teck generates revenue by exploring, developing, and producing natural resources across several commodity segments. Its core businesses include steelmaking coal mining, copper production, and zinc operations. The company also holds interests in oil sands projects in Alberta and maintains exploration and development assets across Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. Revenue is tied closely to global commodity prices, particularly demand from steelmaking and industrial manufacturing sectors.
Teck Resources was founded in 1913 and is headquartered in Vancouver, Canada.
- Steelmaking coal for global steel production
- Copper and copper concentrates
- Zinc and zinc concentrates
- Gold, silver, lead, and molybdenum as by-products
- Blended bitumen from oil sands interests
Is TECK a Good Stock to Buy?
UQS Score rates TECK as Good overall, reflecting a mixed but noteworthy profile across its five analytical pillars.
Teck's most compelling attribute is its Growth pillar, which ranks among the stronger readings in the Basic Materials sector — driven by its copper expansion strategy and commodity cycle positioning. The Risk pillar also registers as Good, suggesting the company's financial structure and operational profile carry manageable downside relative to sector peers. Valuation is rated Attractive, meaning the market may not be fully pricing in the company's forward potential.
The Quality and Moat pillars both register as Weak, reflecting the capital-intensive, commodity-driven nature of mining — where pricing power and returns on capital are structurally constrained.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does TECK pay dividends?
Yes — Teck Resources Limited pays a dividend.
Teck Resources pays a regular dividend, consistent with its standing as a large-cap resource producer. Dividend levels in the mining sector tend to fluctuate with commodity prices and capital allocation priorities. Teck has historically balanced shareholder returns with reinvestment in major growth projects, particularly in copper. Income-focused investors should review the current dividend policy on Teck's investor relations page.
When does TECK report earnings?
Teck Resources reports earnings on a quarterly cadence, typical for TSX- and NYSE-listed equities.
Teck's quarterly results are heavily influenced by realized commodity prices, production volumes, and project development milestones. The company's ongoing copper growth initiatives have been a focal point for investors tracking segment-level performance. Results can vary meaningfully quarter to quarter given the cyclical nature of mining revenues.
For the most recent quarter's results and guidance updates, visit Teck Resources' official investor relations page.
TECK Price History
+146.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Teck Resources Limited?
Based on Teck Resources Limited's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
TECK Long-term Outlook
Teck's Strong Growth pillar points to a forward trajectory anchored in copper demand expansion — a commodity increasingly tied to electrification and energy transition infrastructure. The Attractive Valuation label suggests the current share price may offer a reasonable entry point relative to the company's growth profile. However, the Weak Quality and Moat pillars serve as a reminder that commodity producers face structural limits on pricing power and return consistency.
Growth drivers
- Copper demand growth linked to global electrification and energy transition
- Expansion of major copper development projects in the Americas
- Diversified commodity exposure providing revenue resilience across cycles
Key risks
- Commodity price volatility directly impacting revenue and margins
- Capital-intensive project execution risk across multiple geographies
- Regulatory and environmental permitting challenges in mining jurisdictions
TECK vs Peers
Teck Resources operates in a competitive landscape alongside other diversified and copper-focused mining companies listed on Canadian exchanges.
The Class B shares represent the primary publicly traded equity of Teck, carrying standard voting rights and broader institutional ownership.
Class A shares carry superior voting rights and are less liquid than Class B, reflecting Teck's dual-class share structure.
Ivanhoe Mines is a high-growth copper and zinc developer focused on world-class African assets, offering a more concentrated growth profile than Teck's diversified model.
Frequently Asked Questions
What does Teck Resources do?
Teck Resources is a Canadian diversified mining company that explores, develops, and produces natural resources including steelmaking coal, copper, zinc, gold, and silver. It also holds interests in oil sands projects. Operations span North America, South America, Asia, and Europe, making it one of the most geographically diversified miners on North American exchanges.
Does TECK pay dividends?
Yes, Teck Resources pays a regular dividend. The amount can vary depending on commodity prices and the company's capital allocation decisions. Investors seeking current yield details and payment schedules should consult Teck's investor relations page for the most up-to-date information.
When does TECK report earnings?
Teck Resources reports financial results on a quarterly cadence, as is standard for companies listed on the TSX and NYSE. Exact release dates are announced in advance on the company's investor relations page, which is the most reliable source for upcoming reporting schedules.
Is TECK a good stock to buy?
UQS Score rates TECK as Good overall. The Growth and Risk pillars are relative strengths, and Valuation is rated Attractive. However, the Weak Quality and Moat ratings reflect the structural challenges of commodity-driven businesses. Whether TECK fits your portfolio depends on your risk tolerance and view on commodity cycles. The full pillar breakdown is available to UQS Pro members.
Is TECK overvalued?
UQS Score's Valuation pillar for TECK is rated Attractive, suggesting the stock may be reasonably priced or even undervalued relative to its growth profile and sector peers. Valuation in mining stocks is inherently cyclical, so context around commodity prices matters. View the complete valuation analysis by signing up for a UQS Pro account.
How does TECK compare to its competitors?
Teck competes with other diversified and copper-focused miners on Canadian exchanges, including Ivanhoe Mines. Teck's advantage lies in its diversification across coal, copper, and zinc, while peers like Ivanhoe offer more concentrated exposure to high-growth copper assets. UQS Score provides side-by-side pillar comparisons for Pro members.
What is TECK's market cap bracket?
Teck Resources is classified as a large-cap company, placing it among the larger publicly traded mining companies in North America. Large-cap miners typically offer more liquidity and operational scale than mid- or small-cap peers, though they may grow more slowly than smaller, earlier-stage developers.
Who founded Teck Resources?
Teck Resources traces its origins to 1913, making it one of Canada's oldest mining companies. The company has evolved through numerous mergers and acquisitions over more than a century, including the combination with Cominco, and changed its name from Teck Cominco Limited to Teck Resources Limited in April 2009.
Is TECK a long-term quality indicator stock?
From a long-term quality perspective, TECK's UQS profile presents a mixed picture. The Strong Growth pillar and Attractive Valuation support a case for long-term positioning, particularly given copper's role in the energy transition. The Weak Quality and Moat pillars, however, reflect the inherent cyclicality and limited pricing power of commodity producers. Pro members can access the full long-term analysis.
What is the main competitive advantage of Teck Resources?
Teck's primary competitive advantage is its diversification across multiple commodities — steelmaking coal, copper, and zinc — combined with a portfolio of long-life, large-scale mining assets. Its growing copper exposure positions it as a potential beneficiary of electrification trends, while its established operations provide cash flow to fund development projects.
What sector does TECK belong to?
Teck Resources belongs to the Basic Materials sector, specifically within the diversified metals and mining industry. This sector is closely tied to global economic cycles, infrastructure spending, and increasingly, the energy transition — all of which influence demand for Teck's core commodities.
Is TECK a growth stock or value stock?
Based on UQS pillar labels, TECK shows characteristics of both. The Growth pillar is rated Strong, reflecting expansion potential — particularly in copper. The Valuation pillar is rated Attractive, which leans toward value territory. This combination suggests TECK may appeal to investors seeking growth at a reasonable price within the mining sector.
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TECK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 56.0 | 47.3 | 18.0 | 84.2 | 71.4 | 80.6 | +3.6 |
| May 7, 2026 | 52.4 | 36.7 | 18.0 | 84.2 | 64.1 | 81.7 | -0.2 |
| May 6, 2026 | 52.6 | 36.7 | 18.0 | 84.2 | 64.1 | 83.3 | 0.0 |
| May 3, 2026 | 52.6 | 36.7 | 18.0 | 84.2 | 64.1 | 83.1 | +0.2 |
| May 2, 2026 | 52.4 | 36.7 | 18.0 | 84.2 | 64.1 | 82.0 | 0.0 |
| Apr 26, 2026 | 52.4 | 36.7 | 18.0 | 84.2 | 64.1 | 81.8 | -0.1 |
| Apr 25, 2026 | 52.5 | 36.7 | 18.0 | 84.2 | 64.1 | 82.7 | 0.0 |
| Apr 23, 2026 | 52.5 | 36.7 | 18.0 | 84.2 | 64.1 | 82.4 | 0.0 |
| Apr 19, 2026 | 52.5 | 36.7 | 18.0 | 84.2 | 64.1 | 82.1 | -0.1 |
| Apr 18, 2026 | 52.6 | 36.7 | 18.0 | 84.2 | 64.1 | 83.2 | -0.5 |
TECK — Pillar Breakdown
Quality
— 47.3/100 (25%)Teck Resources Limited has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 84.2/100 (20%)Teck Resources Limited is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 71.4/100 (15%)Teck Resources Limited maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 80.4/100 (15%)Teck Resources Limited appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 18/100 (25%)Teck Resources Limited operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for TECK.
Score Composition
Financial Data
More Stock Analysis
How is the TECK UQS Score Calculated?
The UQS (Unified Quality Score) for Teck Resources Limited is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Teck Resources Limited's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Teck Resources Limited is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.