Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TCKRF | TECK | T.TECK.B

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Company’s operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion, Quebrada Blanca, Quebrada Blanca Phase II, Quintette Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a large copper and zinc mine, located in the Andes Mountain range of Peru. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile. The Fording River Extension Project is located adjacent and to the south of Teck’s existing Fording River Operations. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

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Teck Resources Ord Shs Class A > BMO Target $61 July 7, 22

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Post by seanj1on Jul 08, 2022 1:10pm

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Post# 34811383

BMO Target $61 July 7, 22

From BMO...

"Teck continues to be our base metals top pick. Despite the miss versus our and consensus expectations, we continue to like Teck for its strong free cash flows and potential to increase returns to shareholders with its upcoming Q2 earnings - potentially through an additional share buyback program. We also continue to expect that growth of copper, relative decrease in the contribution of the coal business (through flat
volumes and lower selling prices), and potential sale of the energy business are aligned with investors seeking positive ESG momentum."