Teck Resources Ltd Class B (Sub Voting)
TECK.B: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qY | LOCK|St | LOCK|sxZ>N< |
Teck Earnings: Stronger Copper Prices and Volumes Drive an Impressive Result
Teck's 2026 second-quarter adjusted NPAT of CAD 948 million, or CAD 1.93 per share, increased fivefold from a year ago, mainly due to increased copper prices and volumes. However, the CAD 0.125 quarterly dividend stands, due to its upcoming all-equity merger with Anglo American to form Anglo Teck.
