Teck Resources Limited (TECK) Stock

Copper prices faced challenges in 2024, but we think they have reached their lowest point, creating a chance for optimistic investors to buy. We continue to recommend Teck Resources as a "Strong Buy" because of its strong fundamentals and the possibility of high returns in 2025. The current weakness in copper prices is mainly due to China's slow economic recovery and the strong U.S. dollar, but we believe these issues are likely to be short-lived.

VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) has announced that Emma Chapman will be the new Vice President of Investor Relations, starting December 1, 2024. She takes over from Fraser Phillips, who is set to retire in early 2025.

On December 2, 2024, Teck Resources Limited, based in Vancouver, British Columbia, announced the release of its 2024 Climate Change and Nature Report. This report is unique as it merges the suggestions from the Taskforce on Nature-related Financial Disclosures (TNFD) with those from the Taskforce on Climate-related Financial Disclosures (TCFD). As a result, it provides a comprehensive overview of both climate and nature-related issues in their operations.

VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) has announced that the Toronto Stock Exchange (TSX) has approved its plan to buy back its Class B subordinate voting shares.

VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) has announced that its Board of Directors has approved a dividend of $0.125 per share for its Class A common shares and Class B subordinate voting shares. This dividend will be paid on December 31, 2024, to shareholders who are on record as of the end of business on December 13, 2024.

On November 5, 2024, Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) will share its plans for creating value for both shareholders and stakeholders. The company will also outline its careful investment strategy aimed at increasing copper production to 800,000 tonnes annually by the end of the decade during its 2024 Strategy Day.

On November 5, 2024, from 4:00 p.m. to 8:00 p.m., Jonathan Price, the President and CEO of Teck Resources Limited, along with the executive management team, will be giving a presentation. Teck Resources is listed on the TSX and NYSE under the symbols TECK.A, TECK.B, and TECK. This event will take place in Vancouver, British Columbia.

On October 30, 2024, in Vancouver, British Columbia, Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) was recognized in Forbes' list of the World's Top Companies for Women 2024. This ranking is based on employee feedback and includes multinational companies from 37 different countries.

Teck Resources Ltd (TSX:TECK.B) has lowered its annual copper production forecast, causing its stock to drop by over 5% on Thursday. The company now anticipates producing between 420,000 and 455,000 tons of copper, down from the previous estimate of 435,000 to 500,000 tons.