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TECK · NYSE · STOCK

Teck Resources Limited

Basic Materials Updated August 11, 2026
$66.12
52W $30.98 – $71.25
57/100
$31.95B
18.0
1.59
AI Committee Verdict
Watch
57/100
Conviction: Contested · 50% agreement · 6 analysts
Contested

Is TECK Bullish or Bearish?

Mixed. Innellis AI committee rates Teck Resources Limited (TECK) Watch with a composite score of 57/100 , based on 6 analysts with 50% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +2.71 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -17.29 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Risk Analyst remains cautious — bollinger bandwidth of 27.3% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price-to-book of 1.1x is a discount to asset value — Value
  • EPS growing 173.7% YoY — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • P/E of 36.5 is moderate-to-rich — Value
  • ROE of only 5.0% -- cheap may mean cheap for a reason — Value
  • Revenue declining -29.3% YoY -- this is not a growth story right now — Growth
  • Bollinger bandwidth of 27.3% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
57/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 69%
of 95 Basic Materials peers
Value Analyst neutral
55 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.1x is a discount to asset value
− P/E of 36.5 is moderate-to-rich
Growth Analyst neutral
50 / 100 · Moderate confidence
Moderate growth -- present but not remarkable
+ EPS growing 173.7% YoY
− Revenue declining -29.3% YoY -- this is not a growth story right now
Technical Analyst bullish
69 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 27.3% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
67.8
Neutral
MACD Histogram
0.918
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$44.58
Resistance
$71.22
Bollinger %B
0.83
Inside Bands
Price vs Moving Averages
EMA 9
$64.47 Above
EMA 21
$62.26 Above
EMA 50
$61.08 Above
EMA 200
$55.13 Above

Fundamental Analysis

Valuation
95
Profitability
46
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 18.0×
P/B Ratio 1.63×
PEG Ratio 0.04
Dividend Yield 0.55%
52W High $71.25
52W Low $30.98
Quality & Growth
ROE 558.3%
ROA 308.3%
Gross Margin 3492.4%
Operating Margin 2925.7%
Revenue Growth YoY
Debt / Equity 0.35
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 18.0 (inexpensive relative to a 15-40x range); Price-to-book of 1.6x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 5.6%; Return on assets of 3.1%; Net margin of 17.9%; Gross margin of 34.9%; Current ratio of 3.12 (healthy short-term liquidity); Debt-to-equity of 0.35; Free cash flow per share is positive (3.11); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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