Teck Resources Ltd Class B (Sub Voting)

TECK.B: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Teck Earnings: Copper Bull Market Drives a Very Strong Result

Jon Mills , Alex Anderson

Feb 23, 2026

Teck's 2025 fourth-quarter earnings were very strong, driven by the rising copper price, with adjusted EBITDA up 80% on a year earlier, to CAD 1.5 billion. Full-year 2025 adjusted EBITDA rose about 50% to CAD 4.3 billion. The quarterly dividend of CAD 0.125 per share is unchanged.

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Teck Resources Ltd Class B (Sub Voting)

Teck Earnings: Copper Bull Market Drives a Very Strong Result

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