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Investor releaseQuarter not tagged2026-08-12Titan Mining Q2 Earnings Call Highlights
MarketBeat
Titan Mining Q2 Earnings Call Highlights
Interested in Titan Mining Corporation? Here are five stocks we like better. Record zinc-quarter performance: Titan produced 17.5 million payable pounds of zinc, while revenue rose 57% year over year to $25.7 million and adjusted EBITDA nearly quadrupled to $9.6 million. C1 cash costs and all-in sustaining costs were below full-year guidance, though capital spending is expected to increase in the second half. Graphite project advances toward commercialization: Kilbourne Graphite secured two initial customer agreements after quarter-end, and testing confirmed battery-grade graphite through the full processing chain. Titan remains on schedule with its feasibility study and is targeting an early 2027 construction decision, subject to approvals, permitting and financing. Additional growth and funding opportunities: Sampling confirmed germanium enrichment across Titan’s Empire State Mines district, with recovery options under evaluation alongside Teck Resources. The company ended June with $13.3 million in cash, $29.1 million in available liquidity and net debt down 47% year over year. Titan Mining (NYSEAMERICAN:TII) reported record second-quarter financial results as higher zinc production, lower unit costs and stronger zinc prices lifted revenue and adjusted EBITDA. The company also highlighted early commercial progress at its Kilbourne Graphite project, including two customer agreements announced after the quarter ended, while advancing germanium recovery studies at its Empire State Mines operations. “Zinc remains the engine funding everything else we are doing,” Vice President of Operations Joel Rheault said during the company’s second-quarter 2026 investor call. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat Titan produced 17.5 million payable pounds of zinc during the second quarter, up 13% from a year earlier and 23% from the first quarter. The production total was ahead of the mine plan, Rheault said, and the company recovered all output deferred by a January hoisting outage by the end of the quarter. Mining activity was focused on the Mahler, New Fold and Mud Pond zones. Recovery of high-grade pillars in Lower Mahler and long-hole stoping in the Mud Pond Apron supported above-target grades and tonnage, according to the company. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be Chief Financial Officer Rick Pozzebon,…Read full documentShow less
Interested in Titan Mining Corporation? Here are five stocks we like better. Record zinc-quarter performance: Titan produced 17.5 million payable pounds of zinc, while revenue rose 57% year over year to $25.7 million and adjusted EBITDA nearly quadrupled to $9.6 million. C1 cash costs and all-in sustaining costs were below full-year guidance, though capital spending is expected to increase in the second half. Graphite project advances toward commercialization: Kilbourne Graphite secured two initial customer agreements after quarter-end, and testing confirmed battery-grade graphite through the full processing chain. Titan remains on schedule with its feasibility study and is targeting an early 2027 construction decision, subject to approvals, permitting and financing. Additional growth and funding opportunities: Sampling confirmed germanium enrichment across Titan’s Empire State Mines district, with recovery options under evaluation alongside Teck Resources. The company ended June with $13.3 million in cash, $29.1 million in available liquidity and net debt down 47% year over year. Titan Mining (NYSEAMERICAN:TII) reported record second-quarter financial results as higher zinc production, lower unit costs and stronger zinc prices lifted revenue and adjusted EBITDA. The company also highlighted early commercial progress at its Kilbourne Graphite project, including two customer agreements announced after the quarter ended, while advancing germanium recovery studies at its Empire State Mines operations. “Zinc remains the engine funding everything else we are doing,” Vice President of Operations Joel Rheault said during the company’s second-quarter 2026 investor call. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat Titan produced 17.5 million payable pounds of zinc during the second quarter, up 13% from a year earlier and 23% from the first quarter. The production total was ahead of the mine plan, Rheault said, and the company recovered all output deferred by a January hoisting outage by the end of the quarter. Mining activity was focused on the Mahler, New Fold and Mud Pond zones. Recovery of high-grade pillars in Lower Mahler and long-hole stoping in the Mud Pond Apron supported above-target grades and tonnage, according to the company. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be Chief Financial Officer Rick Pozzebon, who joined Titan in July, said second-quarter revenue rose 57% year over year and 31% sequentially to $25.7 million. The company sold 17.2 million payable pounds of zinc at an average provisional zinc price of $1.57 per pound, a 31% increase from the prior-year period. Adjusted EBITDA reached $9.6 million, nearly four times the comparable quarter of 2025 and 135% above the first quarter. First-half adjusted EBITDA totaled $13.6 million. Titan reported net income before tax of $6.1 million, including a $2.7 million non-cash gain on derivative instruments related to an IFRS fair-value adjustment on warrants. Net income after tax was $5.4 million, or $0.06 per share. → First Solar’s Profit Engine Faces a New Policy Test in Washington C1 cash costs were $0.88 per payable pound, while all-in sustaining costs were $0.96 per pound. Both measures were below Titan’s full-year guidance ranges. However, Rheault said sustaining capital spending is weighted toward the second half, meaning first-half costs should not be viewed as the full-year run rate. Full-year zinc production guidance: 62 million to 66 million payable pounds. Full-year C1 cash cost guidance: $0.93 to $1.01 per pound. Full-year all-in sustaining cost guidance: $1.07 to $1.17 per pound. The company spent $1.8 million in capital during the quarter, primarily on underground development and mobile equipment. Projects underway include a production shaft rail replacement, Number 2 shaft secondary-egress rehabilitation, a mill fine-ore-bin chute rebuild and power expansion at Mud Pond. President and CEO Rita Adiani said Titan signed its first two customer agreements for the Kilbourne Graphite project after the quarter ended. One was a conditional supply agreement with refractory products company RHI Magnesita, while the other was a non-binding letter of intent with a U.S. manufacturer serving aerospace, defense and advanced industrial markets. RHI Magnesita’s laboratory qualification confirmed that Kilbourne graphite meets its refractory specifications, and commercial-scale testing has begun in the customer’s manufacturing operations, Adiani said. The agreement covers an initial volume and could expand to as much as 10% of Kilbourne’s projected commercial production, subject to a successful production trial. The U.S. manufacturer has initiated its own qualification testing using demonstration-plant samples and has reported early positive results, according to Titan. Both agreements remain subject to customary conditions. The feasibility study for a proposed 40,000-tonne-per-year Kilbourne facility is fully funded and on schedule. Titan had spent $5.3 million of the study’s approximately $20.7 million budget as of June 30. The company said the work includes mine design, resource-to-reserve conversion, metallurgical flowsheet refinement, site layout, and capital and operating cost estimates. Titan also said it confirmed battery-grade graphite production across its full process chain, from ore concentration to spherical graphite, after quarter-end. Rheault said the result supports assumptions in the project’s preliminary economic assessment and de-risks the downstream flowsheet. The company remains targeting an early 2027 construction decision, subject to board approval, completion of the feasibility study, permitting and financing. Titan said it is conducting due diligence and finalizing business terms with the U.S. Army after receiving conditional selection notices for Enhanced Use Lease opportunities at defense installations in Arkansas and Alabama. The company is considering Army property for a Kilbourne graphite purification plant. Titan continued work with Teck Resources following a May cooperation agreement to assess recovery of germanium from existing process streams. Adiani described germanium as a potential low-capital opportunity because some of the material being evaluated has already been mined and processed. A property-wide sampling program covering six underground ore bodies, along with the Number 4 and Edwards historic tailings facilities, confirmed germanium enrichment across the district, Titan said. The company is evaluating two potential routes: producing a pre-concentrate for Teck, or assessing a standalone processing facility based on broader district-scale potential. Titan said it is prioritizing higher-grade material while conducting deportment, mineralogical and recovery test work. Adiani said the company expects future disclosures to provide estimates of the germanium opportunity and related test-work results, though assays and certain recovery results remain pending. Graphite-related expenditures were $4.8 million in the second quarter and $7.1 million during the first half, including spending on the demonstration facility and Kilbourne feasibility work. Titan completed its first at-the-market equity financing during the quarter, issuing 520,000 shares for gross proceeds of $2.1 million. The company ended June with $13.3 million in cash and $29.1 million in available liquidity, including $15.8 million of undrawn capacity under its EXIM facility. Net debt was $12.8 million, down 47% from a year earlier. During the question-and-answer session, Adiani said Titan continues to engage with the U.S. Department of Energy, Department of Defense and Export-Import Bank regarding potential non-dilutive government investment. She also said the company is discussing potential price-floor mechanisms, particularly for germanium. Adiani attributed elevated zinc prices to contraction in the concentrate market, including smelter shutdowns and maintenance downtime in Asia that have contributed to inventory shortages. She said Titan expects zinc prices could remain elevated over the next several quarters, while noting the company plans to continue funding some growth initiatives through cash reserves if zinc prices remain robust. Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. The company explores for zinc and graphite, as well as iron-oxide copper gold deposits. Its principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat Edwards mining district in northern New York. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Titan Mining Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.
Investor releaseQuarter not tagged2026-07-27SCCO Q2 Earnings Beat on Strong Metal Prices Despite Low Volumes
Zacks
SCCO Q2 Earnings Beat on Strong Metal Prices Despite Low Volumes
Southern Copper Corporation (SCCO) reported second-quarter earnings per share (EPS) of $2.01, surpassing the Zacks Consensus Estimate of $1.97. The bottom line came in 71.8% higher than the year-ago quarter’s earnings of $1.17 per share, aided by stronger metal prices and improved operating profitability. Revenues surged 40.6% year over year to a quarterly record of $4.29 billion but missed the consensus estimate of $4.37 billion by 1.88%. Higher prices for copper, molybdenum, zinc and silver were offset by lower sales volumes for copper and its main products. Cost of sales increased 14.7% year over year to $1.39 billion. Total operating costs and expenses rose 13.8% to $1.67 billion, reflecting higher spending on operating materials, purchased copper, diesel and fuel, and workers’ participation. Southern Copper Corporation price-consensus-eps-surprise-chart | Southern Copper Corporation Quote Operating cash cost after incorporating by-product revenue credits was five cents per pound in the quarter compared with 63 cents in the prior-year quarter, owing to an increase in by-product revenue credits. Operating income jumped 65.3% to $2.62 billion. Adjusted EBITDA reached a record $2.86 billion, up 59.5% from the prior-year quarter. The adjusted EBITDA margin expanded 790 basis points to 66.6%, reflecting stronger realized prices and disciplined cost management. Net income attributable to SCCO also reached a record $1.67 billion, rising 71.6% year over year. The net income margin improved to 38.9% from 31.9% in the year-ago period. Southern Copper mined 230,662 tons of copper in the reported quarter, down 3.5% year over year. Total copper production decreased 3.6% year over year to 232,521 tons, including third-party concentrate. A 12% decline at the Peruvian operations more than offset a 3.2% increase in Mexico. Copper sales declined 1.5% to 220,712 tons.The company mined 7,046 tons of molybdenum in the reported quarter, reflecting a year-over-year decline of 11%. Sales were 6,821 tons in the quarter under review, down 13% from the second quarter of 2025.Zinc production declined 14.5% year over year to 39,257 tons in the quarter under review on lower production at the Buenavista zinc concentrator. Zinc sales decreased 8.8% year over year to 40,570 tons in the quarter.Southern Copper's silver production was down 3.8% year over year to 5.76 million ounces, and…Read full documentShow less
Southern Copper Corporation (SCCO) reported second-quarter earnings per share (EPS) of $2.01, surpassing the Zacks Consensus Estimate of $1.97. The bottom line came in 71.8% higher than the year-ago quarter’s earnings of $1.17 per share, aided by stronger metal prices and improved operating profitability. Revenues surged 40.6% year over year to a quarterly record of $4.29 billion but missed the consensus estimate of $4.37 billion by 1.88%. Higher prices for copper, molybdenum, zinc and silver were offset by lower sales volumes for copper and its main products. Cost of sales increased 14.7% year over year to $1.39 billion. Total operating costs and expenses rose 13.8% to $1.67 billion, reflecting higher spending on operating materials, purchased copper, diesel and fuel, and workers’ participation. Southern Copper Corporation price-consensus-eps-surprise-chart | Southern Copper Corporation Quote Operating cash cost after incorporating by-product revenue credits was five cents per pound in the quarter compared with 63 cents in the prior-year quarter, owing to an increase in by-product revenue credits. Operating income jumped 65.3% to $2.62 billion. Adjusted EBITDA reached a record $2.86 billion, up 59.5% from the prior-year quarter. The adjusted EBITDA margin expanded 790 basis points to 66.6%, reflecting stronger realized prices and disciplined cost management. Net income attributable to SCCO also reached a record $1.67 billion, rising 71.6% year over year. The net income margin improved to 38.9% from 31.9% in the year-ago period. Southern Copper mined 230,662 tons of copper in the reported quarter, down 3.5% year over year. Total copper production decreased 3.6% year over year to 232,521 tons, including third-party concentrate. A 12% decline at the Peruvian operations more than offset a 3.2% increase in Mexico. Copper sales declined 1.5% to 220,712 tons.The company mined 7,046 tons of molybdenum in the reported quarter, reflecting a year-over-year decline of 11%. Sales were 6,821 tons in the quarter under review, down 13% from the second quarter of 2025.Zinc production declined 14.5% year over year to 39,257 tons in the quarter under review on lower production at the Buenavista zinc concentrator. Zinc sales decreased 8.8% year over year to 40,570 tons in the quarter.Southern Copper's silver production was down 3.8% year over year to 5.76 million ounces, and sales were down 8.7% year over year to 5.516 million ounces. Net cash provided by operating activities totaled $1.99 billion in the quarter, more than double the prior-year figure. For the first six months of 2026, operating cash flow increased 116.9% to $3.68 billion, supported by stronger earnings and lower operating working-capital requirements. Cash and cash equivalents stood at $5.67 billion as of June 30, 2026, while short-term investments totaled $1.66 billion. Long-term debt was $7.99 billion following the issuance of $1.25 billion of 10-year senior unsecured notes carrying a 5.35% interest rate. The proceeds are intended primarily to support the Tía María project and other capital needs of the company’s Peruvian operations. For 2026, Southern Copper expects copper production to reach 917,000 tons, which is 1% above its previous target but implies a 5% year-over-year decline. Molybdenum production is now projected at 27,900 tons, a 7% increase from its previous target, indicating a 10% decline from the 2025 level. Silver output is projected at 24 million ounces, a decrease of 1% compared with 2025. Zinc production for the year is projected at 163,900 tons, 7% lower than the 2025 level. The company’s shares have gained 84.6% in the past year compared with the industry’s 51.2% growth. Image Source: Zacks Investment Research Freeport-McMoRan Inc. FCX reported adjusted EPS of 74 cents in the second quarter, up around 37% year over year from 54 cents. The figure topped the Zacks Consensus Estimate of 62 cents. Revenues declined around 7.3% year over year to approximately $7.03 billion. The figure surpassed the Zacks Consensus Estimate of $6.47 billion. Higher realized metal prices were offset by lower copper and gold volumes. Copper production fell around 18.4% year over year to 786 million pounds in the reported quarter. Consolidated copper sales declined approximately 30.1% year over year to 710 million pounds. The fall primarily resulted from lower operating rates at PTFI during the phased ramp-up of the Grasberg Block Cave underground mine. The company sold 123,000 ounces of gold in the quarter, down 76.4% year over year. Freeport also sold 25 million pounds of molybdenum, up 13.6% from the prior-year quarter. Teck Resources Limited TECK reported second-quarter 2026 adjusted EPS of CAD $1.93 or $1.39, beating the Zacks Consensus Estimate of 78 cents. It marked a substantial improvement of 415% from the earnings of 27 cents per share in the year-ago quarter. This was attributed to higher base metal prices and increased sales volume of copper and zinc. Including one-time items, the company reported EPS of $1.26 in the quarter compared with the year-ago quarter’s 30 cents. Net sales amounted to $2.6 billion, surpassing the Zacks Consensus Estimate of $2.3 billion. The figure reflects a 78% year-over-year improvement, aided by higher copper and zinc prices and sales. Southern Copper currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Another top-ranked stock from the basic materials space is Bunge Global SA BG, which sports a Zacks Rank of 1 at present. Bunge has an average trailing four-quarter earnings surprise of 27.5%. The Zacks Consensus Estimate for the company’s fiscal 2026 earnings is pegged at $9.74 per share, implying 28.7% year-over-year growth. Bunge shares have gained 59% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southern Copper Corporation (SCCO) : Free Stock Analysis Report Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report Bunge Global SA (BG) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-24Teck Resources Q2 Earnings Beat Estimates, Sales & Margins Improve Y/Y
Zacks
Teck Resources Q2 Earnings Beat Estimates, Sales & Margins Improve Y/Y
Teck Resources Limited TECK reported second-quarter 2026 adjusted earnings per share (EPS) of $1.39, beating the Zacks Consensus Estimate of 78 cents. It marked a substantial improvement of 415% from the earnings of 27 cents per share in the year-ago quarter. This was attributed to higher base metal prices and increased sales volume of copper and zinc. Including one-time items, the company reported EPS of $1.26 in the quarter compared with the year-ago quarter’s 30 cents. Teck Resources Ltd price-consensus-eps-surprise-chart | Teck Resources Ltd Quote Net sales amounted to $2.6 billion, surpassing the Zacks Consensus Estimate of $2.3 billion. The figure reflects a 78% year-over-year improvement, aided by higher copper and zinc prices and sales. The gross profit was CAD$1.67 billion ($1.21 billion), skyrocketing 255% from the year-ago quarter. The gross margin was 46.3% compared with the year-ago quarter’s 23.3%. The adjusted EBITDA was around CAD$2.2 billion ($1.59 billion), which soared 204% from the year-earlier period. The EBITDA margin was 60.8% in the quarter under review compared with the year-ago quarter’s 35.7%. The Copper segment’s revenues surged 85.8% year over year to C$2.7 billion ($1.95 billion). The increase reflected significantly higher copper prices and stronger sales volumes across the company’s operations. The realized copper price rose to $6.09 per pound from $4.36 in the prior-year quarter. Total copper production was around 135,900 tons, 25% higher than the first quarter of 2025, attributed to improved performance across all operations. Copper sales increased 33.7% to 135,700 tons. Highland Valley Copper production increased 32% year over year to 42,800 tons, supported by higher throughput, grades and recoveries. Antamina’s copper production, on a 100% basis, climbed 67% to 108,500 tons. Carmen de Andacollo produced 12,800 tons, up from 9,400 tons on better grades and recoveries. Quebrada Blanca produced 55,800 tons of copper, up 6% from a year earlier. Stable asset utilization, consistent plant performance and progress on tailings management supported the operation. The segment’s gross profit skyrocketed 309% year over year to CAD$1.34 billion ($972 million), attributed to higher copper prices and sales volume. Copper net cash unit costs decreased to $1.64 per pound from $2.02 per pound a year earlier, helped by higher production and…Read full documentShow less
Teck Resources Limited TECK reported second-quarter 2026 adjusted earnings per share (EPS) of $1.39, beating the Zacks Consensus Estimate of 78 cents. It marked a substantial improvement of 415% from the earnings of 27 cents per share in the year-ago quarter. This was attributed to higher base metal prices and increased sales volume of copper and zinc. Including one-time items, the company reported EPS of $1.26 in the quarter compared with the year-ago quarter’s 30 cents. Teck Resources Ltd price-consensus-eps-surprise-chart | Teck Resources Ltd Quote Net sales amounted to $2.6 billion, surpassing the Zacks Consensus Estimate of $2.3 billion. The figure reflects a 78% year-over-year improvement, aided by higher copper and zinc prices and sales. The gross profit was CAD$1.67 billion ($1.21 billion), skyrocketing 255% from the year-ago quarter. The gross margin was 46.3% compared with the year-ago quarter’s 23.3%. The adjusted EBITDA was around CAD$2.2 billion ($1.59 billion), which soared 204% from the year-earlier period. The EBITDA margin was 60.8% in the quarter under review compared with the year-ago quarter’s 35.7%. The Copper segment’s revenues surged 85.8% year over year to C$2.7 billion ($1.95 billion). The increase reflected significantly higher copper prices and stronger sales volumes across the company’s operations. The realized copper price rose to $6.09 per pound from $4.36 in the prior-year quarter. Total copper production was around 135,900 tons, 25% higher than the first quarter of 2025, attributed to improved performance across all operations. Copper sales increased 33.7% to 135,700 tons. Highland Valley Copper production increased 32% year over year to 42,800 tons, supported by higher throughput, grades and recoveries. Antamina’s copper production, on a 100% basis, climbed 67% to 108,500 tons. Carmen de Andacollo produced 12,800 tons, up from 9,400 tons on better grades and recoveries. Quebrada Blanca produced 55,800 tons of copper, up 6% from a year earlier. Stable asset utilization, consistent plant performance and progress on tailings management supported the operation. The segment’s gross profit skyrocketed 309% year over year to CAD$1.34 billion ($972 million), attributed to higher copper prices and sales volume. Copper net cash unit costs decreased to $1.64 per pound from $2.02 per pound a year earlier, helped by higher production and stronger silver and molybdenum by-product credits. The Zinc segment’s net sales jumped 59% year over year to CAD$903 million ($654 million) on improved zinc prices and higher zinc concentrate sales volumes. The realized zinc price rose 32% to $1.57 per pound compared with the prior-year quarter. Red Dog produced 112,000 tons of zinc, down 18% year over year owing to lower grades as anticipated in the mine plan. However, zinc sales volumes at Red Dog rose 4% to 36,500 tons, and came within TECK’s guidance of 30,000-40,000 tons. Trail Operations’ refined zinc production dipped 2% to 49,800 tons, reflecting planned maintenance. Refined zinc sales were up 5.7% to around 37,000 tons. Segment gross profit rose 130% year over year to C$329 million ($238 million), reflecting higher zinc prices and increased by-product revenues at Red Dog and Trail. However, these gains were partially offset by higher cost of sales due to increased concentrate purchases and royalty costs. Net cash unit costs were 35 cents per pound in the second quarter compared with 49 last year due to higher by-product credits driven by increased silver and germanium prices. Second-quarter 2026 net cash unit costs also reflect the normal seasonality of sales at Red Dog. Cash flow from operating activities improved to around C$1.72 billion ($1.24 billion) from C$88 million ($64 million). Teck Resources ended the quarter with C$6.05 billion ($4.38 billion) in cash and cash equivalents and liquidity of C$10.3 billion ($7.5 billion). Its net cash position strengthened to C$1.244 billion ($0.9 million) from C$150 million ($109 million) at the end of 2025. Management retained its previously disclosed 2026 guidance. Copper production remains projected between 455,000 and 530,000 tons. Zinc production is expected in the range of 410,000-460,000 tons, while refined zinc output is forecast between 190,000 and 230,000 tons. Copper net cash unit costs are expected between $1.85 and $2.20 per pound. Zinc net cash unit costs are projected at 65-75 cents per pound. Teck Resources expects third-quarter Red Dog zinc concentrate sales of 220,000-270,000 tons, reflecting the operation’s normal shipping seasonality. The Highland Valley Copper Mine Life Extension project continued to progress, with detailed engineering about 95% complete. Total project capital costs remain estimated at C$2.1-C$2.4 billion, while 2026 spending is expected between C$900 million and C$1.2 billion. Teck Resources also continued advancing Zafranal and San Nicolás toward potential sanction decisions. Meanwhile, the proposed merger with Anglo American remains subject to customary closing conditions and regulatory approvals. The transaction is expected to create Anglo Teck and deliver approximately $800 million in annual pre-tax synergies. The company’s shares have gained 81.4% in the past year compared with the industry’s 30.9% growth. Image Source: Zacks Investment Research Freeport-McMoRan Inc. FCX reported adjusted EPS of 74 cents in the second quarter, up around 37% year over year from 54 cents. The figure topped the Zacks Consensus Estimate of 62 cents. Revenues declined around 7.3% year over year to approximately $7.03 billion. The figure surpassed the Zacks Consensus Estimate of $6.47 billion. Higher realized metal prices were offset by lower copper and gold volumes. Copper production fell around 18.4% year over year to 786 million pounds in the reported quarter. Consolidated copper sales declined approximately 30.1% year over year to 710 million pounds. The fall primarily resulted from lower operating rates at PTFI during the phased ramp-up of the Grasberg Block Cave underground mine. The company sold 123,000 ounces of gold in the quarter, down 76.4% year over year. Freeport also sold 25 million pounds of molybdenum, up 13.6% from the prior-year quarter. Southern Copper Corporation SCCO reported second-quarter EPS of $2.01, surpassing the Zacks Consensus Estimate of $1.97. The bottom line came in 65% higher than the year-ago quarter’s earnings of $1.22 per share. Southern Copper’s net sales in the quarter were $4.29 billion, marking a 40.6% increase from the year-ago quarter but missing the Zacks Consensus Estimate of $4.37 billion. Higher prices for copper, molybdenum, zinc and silver were offset by lower sales volumes for copper. Southern Copper mined 230,662 tons of copper in the reported quarter, 3.5% lower year over year. Copper sales declined 1.5% year over year to 220,712 tons. Teck Resources currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Another top-ranked stock from the basic materials space is Bunge Global SA BG, which sports a Zacks Rank of 1 at present. Bunge has an average trailing four-quarter earnings surprise of 27.5%. The Zacks Consensus Estimate for the company’s fiscal 2026 earnings is pegged at $9.74 per share, implying 28.7% year-over-year growth. Bunge shares have gained 59% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teck Resources Ltd (TECK) : Free Stock Analysis Report Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report Bunge Global SA (BG) : Free Stock Analysis Report Southern Copper Corporation (SCCO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-24Teck Resources (TSX:TECK.B) Could Be About Right Following The Q2 Earnings Beat
Simply Wall St.
Teck Resources (TSX:TECK.B) Could Be About Right Following The Q2 Earnings Beat
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Teck Resources (TSX:TECK.B) drew investor attention after reporting second quarter 2026 results that exceeded consensus expectations, with higher copper production, strong adjusted EBITDA and cash flow, and a market reaction that reflected this earnings outperformance. See our latest analysis for Teck Resources. The strong Q2 earnings, record adjusted EBITDA margins and ongoing progress on the Anglo American merger have been accompanied by firm share price momentum, with a 1 day share price return of 4.36% and a 1 year total shareholder return of 76.90% supporting a stronger long term picture. If Teck Resources’ recent move has you looking at other copper producers, it could be a good time to scan the market using the 8 top copper producer stocks Teck Resources now appears to be a stronger copper business on the back of this earnings surprise and merger progress. However, after a 77% 1-year total return, the key question is whether the stock is still reasonably priced or already fully reflecting that strength. Against a last close of CA$84.18, the most followed narrative for Teck Resources points to a fair value of CA$85.00 using an 8.23% discount rate. Read the complete narrative. Want to understand why this small gap between price and fair value still matters? The narrative hinges on copper volumes, margins and a richer earnings mix. The tension lies in how confidently those future cash flows are discounted. Result: Fair Value of CA$85.00 (ABOUT RIGHT) Have a read of the narrative in full and understand what's behind the forecasts. However, Teck Resources’ story can change quickly if project delays or cost overruns at major copper assets persist, or if weaker copper prices pressure revenues and margins. Find out about the key risks to this Teck Resources narrative. While the SWS DCF model suggests Teck Resources is worth around CA$95.42 per share and therefore appears undervalued at CA$84.18, the P/E picture is less forgiving. The stock trades at 22.3x earnings versus a Canadian Metals and Mining average of 14.4x and a fair ratio of 12.2x. This points to heavier valuation risk if expectations cool. See what the numbers say about this price — find out in our valuation breakdown. If this Teck Resources story seems finely balanced between opportu…Read full documentShow less
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Teck Resources (TSX:TECK.B) drew investor attention after reporting second quarter 2026 results that exceeded consensus expectations, with higher copper production, strong adjusted EBITDA and cash flow, and a market reaction that reflected this earnings outperformance. See our latest analysis for Teck Resources. The strong Q2 earnings, record adjusted EBITDA margins and ongoing progress on the Anglo American merger have been accompanied by firm share price momentum, with a 1 day share price return of 4.36% and a 1 year total shareholder return of 76.90% supporting a stronger long term picture. If Teck Resources’ recent move has you looking at other copper producers, it could be a good time to scan the market using the 8 top copper producer stocks Teck Resources now appears to be a stronger copper business on the back of this earnings surprise and merger progress. However, after a 77% 1-year total return, the key question is whether the stock is still reasonably priced or already fully reflecting that strength. Against a last close of CA$84.18, the most followed narrative for Teck Resources points to a fair value of CA$85.00 using an 8.23% discount rate. Read the complete narrative. Want to understand why this small gap between price and fair value still matters? The narrative hinges on copper volumes, margins and a richer earnings mix. The tension lies in how confidently those future cash flows are discounted. Result: Fair Value of CA$85.00 (ABOUT RIGHT) Have a read of the narrative in full and understand what's behind the forecasts. However, Teck Resources’ story can change quickly if project delays or cost overruns at major copper assets persist, or if weaker copper prices pressure revenues and margins. Find out about the key risks to this Teck Resources narrative. While the SWS DCF model suggests Teck Resources is worth around CA$95.42 per share and therefore appears undervalued at CA$84.18, the P/E picture is less forgiving. The stock trades at 22.3x earnings versus a Canadian Metals and Mining average of 14.4x and a fair ratio of 12.2x. This points to heavier valuation risk if expectations cool. See what the numbers say about this price — find out in our valuation breakdown. If this Teck Resources story seems finely balanced between opportunity and concern, consider reviewing the details yourself and weighing both sides with the 2 key rewards and 1 important warning sign If Teck Resources has sharpened your focus on where to put your money next, do not stop here, there are other angles worth checking before the next move. Target steadier growth potential by scanning 5 high quality undervalued stocks that combine pricing appeal with quality fundamentals. Strengthen your income stream by reviewing 6 dividend fortresses built around higher yields and payout resilience. Lean toward sleep-better-at-night ideas by filtering for 9 resilient stocks with low risk scores and see which stocks score well on risk. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TECK-B.TO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]
Investor releaseQuarter not tagged2026-07-24Teck Resources Q2 Earnings Call Highlights
MarketBeat
Teck Resources Q2 Earnings Call Highlights
Interested in Teck Resources Ltd? Here are five stocks we like better. Teck reported a strong Q2 2026, with cash flow from operations of CAD 1.7 billion and adjusted EBITDA of CAD 2.2 billion, nearly tripling from a year ago. Management credited record copper pricing, stronger operations, and improved cost performance, while the adjusted EBITDA margin hit a record 61%. Copper was the main driver, with production up nearly 25% year over year and copper segment gross profit before D&A more than doubling to CAD 1.8 billion. Teck kept full-year copper guidance unchanged but said second-half output should be lower at Highland Valley and Antamina due to planned downtime and lower grades. Teck said operations at Quebrada Blanca continued to stabilize, while the Highland Valley Mine Life Extension is advancing with engineering about 95% complete. The company also maintained progress on its Anglo American merger, saying Chinese regulatory approval remains the key remaining step. Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks Teck Resources (NYSE:TECK) reported sharply higher second-quarter 2026 earnings and cash flow, driven by stronger copper production, favorable commodity prices and improved cost performance across its copper and zinc businesses, executives said on the company’s earnings call Thursday. President and CEO Jonathan Price said Teck generated cash flow from operations of CAD 1.7 billion and tripled adjusted EBITDA to CAD 2.2 billion compared with the same period last year. The company increased its net cash position by CAD 756 million during the quarter and by CAD 1 billion in the first half of 2026. → Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Teck Resources: America’s Ally in Rare Earth Elements “We’ve delivered another quarter of strong operational and financial performance,” Price said, citing “favorable commodity prices, including another record quarterly average copper price,” as well as stronger operations and favorable by-product pricing. Chief Financial Officer Crystal Prystai said adjusted EBITDA margin rose to a record 61% in the quarter. Teck also returned CAD 61 million to shareholders through its regular quarterly base dividend. → 3 Photonics Companies Making Quantum Tech Possible MarketBeat Week in Review – 4/17 - 4/21 Teck’s copper production rose nearly 25% from the second quarter of 2025…Read full documentShow less
Interested in Teck Resources Ltd? Here are five stocks we like better. Teck reported a strong Q2 2026, with cash flow from operations of CAD 1.7 billion and adjusted EBITDA of CAD 2.2 billion, nearly tripling from a year ago. Management credited record copper pricing, stronger operations, and improved cost performance, while the adjusted EBITDA margin hit a record 61%. Copper was the main driver, with production up nearly 25% year over year and copper segment gross profit before D&A more than doubling to CAD 1.8 billion. Teck kept full-year copper guidance unchanged but said second-half output should be lower at Highland Valley and Antamina due to planned downtime and lower grades. Teck said operations at Quebrada Blanca continued to stabilize, while the Highland Valley Mine Life Extension is advancing with engineering about 95% complete. The company also maintained progress on its Anglo American merger, saying Chinese regulatory approval remains the key remaining step. Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks Teck Resources (NYSE:TECK) reported sharply higher second-quarter 2026 earnings and cash flow, driven by stronger copper production, favorable commodity prices and improved cost performance across its copper and zinc businesses, executives said on the company’s earnings call Thursday. President and CEO Jonathan Price said Teck generated cash flow from operations of CAD 1.7 billion and tripled adjusted EBITDA to CAD 2.2 billion compared with the same period last year. The company increased its net cash position by CAD 756 million during the quarter and by CAD 1 billion in the first half of 2026. → Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Teck Resources: America’s Ally in Rare Earth Elements “We’ve delivered another quarter of strong operational and financial performance,” Price said, citing “favorable commodity prices, including another record quarterly average copper price,” as well as stronger operations and favorable by-product pricing. Chief Financial Officer Crystal Prystai said adjusted EBITDA margin rose to a record 61% in the quarter. Teck also returned CAD 61 million to shareholders through its regular quarterly base dividend. → 3 Photonics Companies Making Quantum Tech Possible MarketBeat Week in Review – 4/17 - 4/21 Teck’s copper production rose nearly 25% from the second quarter of 2025, with higher production at all copper operations. Prystai said copper segment gross profit before depreciation and amortization more than doubled to CAD 1.8 billion, while margins increased to 65% from 46% a year earlier. The company attributed the improvement to record copper prices, higher throughput across operations and higher grades at Highland Valley and Antamina, in line with the mine plan. Copper net cash unit costs improved 19%, supported by higher production and by-product credits. → AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off Teck maintained its full-year guidance, including copper production of 455,000 to 530,000 tons, compared with 454,000 tons in 2025. During the question-and-answer session, Price said the company was not pointing investors toward the upper end of guidance because production is expected to be lower in the second half at Highland Valley and Antamina. At Highland Valley, he said Teck expects mill downtime for tie-ins related to the Mine Life Extension project and lower grades in the second half of 2026. Price highlighted continued progress at Quebrada Blanca, or QB, which delivered its third consecutive quarter of stable operations. The mine produced 55,800 tons of copper in the quarter, up from 52,700 tons in the year-earlier period, with stable throughput and recoveries and operating metrics tracking in line with full-year guidance. Teck also reported no tailings management facility-related downtime at the concentrator for the past three quarters. Price said the company completed Rock Bench 5 during the quarter, a milestone that supports freeboard management through the remainder of the year. Teck also completed cyclone station upgrades and increased paddock availability, which improved sand deposition rates. The company is evaluating whether to accelerate additional tailings work by building Rock Bench 6 this year. Price said proceeding with Rock Bench 6 could allow permanent tailings pipeline infrastructure to be installed later in 2026, earlier than planned, improving operational flexibility and reducing execution risk. If approved, construction would begin in late August or early September and be completed around year-end, with estimated 2026 capital investment of about US$100 million. In response to analyst questions, Price said the accelerated Rock Bench 6 work is not expected to directly increase throughput rates, but would “de-risk” operational continuity. Dale Webb, senior vice president of operations for Latin America, said QB is not constrained by the tailings management facility and that the focus is on maintaining stability while improving plant performance over the coming quarters. At Highland Valley, Teck continues to advance its Mine Life Extension project. Price said detailed engineering is approximately 95% complete, procurement is nearing completion and construction activity is ramping up across earthworks, pipelines, brownfield works and supporting infrastructure. The project has achieved more than 1 million hours worked without a high-potential incident or lost-time injury, which Price said reflects a strong safety culture across the project team. Teck invested CAD 254 million of project capital during the quarter and kept capital expenditure guidance unchanged at CAD 900 million to CAD 1.2 billion for 2026 and CAD 2.1 billion to CAD 2.4 billion over the life of the project. Price said the Mine Life Extension is expected to extend Highland Valley’s mine life to 2046 and support average annual copper production of approximately 132,000 tons. Teck’s zinc segment also posted stronger results. Prystai said gross profit before depreciation and amortization increased 122% to CAD 353 million, with margins rising to 39% from 28% a year earlier. The improvement was led by Trail Operations, where gross profit before depreciation and amortization increased to CAD 203 million from CAD 42 million in the prior-year quarter, despite a planned shutdown of the lead circuit. Prystai said the performance reflected higher by-product pricing and Teck’s continued focus on value-driven optimization of feed sources and production, including near-term prioritization of residue processing. Teck also discussed its July 7 announcement of a strategic investment agreement with the Government of Canada to support strategic metals production at Trail. Prystai said the initiative could expand germanium and antimony production and add new gallium capacity, subject to certain conditions and evaluation under Teck’s capital allocation framework. At Red Dog, zinc production reflected lower grades and recoveries consistent with the mine plan. Zinc sales were within guidance at 37,000 tons. Teck maintained 2026 zinc guidance, including zinc in concentrate production of 410,000 to 460,000 tons and refined zinc production of 190,000 to 230,000 tons. Teck said it continues to advance its merger of equals with Anglo American, with remaining focus on Chinese regulatory approval. Price said the process with China’s State Administration for Market Regulation is proceeding “in the normal course,” and that Teck has not received any requests for remedies. The company still expects the transaction to be completed within 12 to 18 months of the September 2025 announcement. Price said that once Chinese approval is received, closing could occur “very quickly,” in “a matter of a couple of weeks.” Price said integration planning with Anglo American is intensifying, though the companies continue to operate independently until closing. He said teams are working on business processes, systems, organizational structures, leadership appointments and plans to capture synergies. Teck ended the quarter with CAD 10.3 billion of liquidity as of June 30, including CAD 6.1 billion of cash. Prystai said the company also continued scheduled semi-annual repayments under the QB project finance facility, leaving Teck with a stronger balance sheet as it moves toward completing the Anglo Teck merger. Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects. The company's operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Teck Resources Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.
Investor releaseQuarter not tagged2026-07-24Teck Resources (TSX:TECK.B) Is Up 7.3% After Record Copper-Fueled Q2 Earnings Beat What's Changed
Simply Wall St.
Teck Resources (TSX:TECK.B) Is Up 7.3% After Record Copper-Fueled Q2 Earnings Beat What's Changed
Teck Resources Limited has already reported a sharply stronger Q2 2026, with sales rising to C$3,605 million and net income to C$854 million, significantly lifting earnings per share from continuing operations versus a year earlier. The quarter was underpinned by record copper prices, roughly 25% higher copper production, record adjusted EBITDA margins, and a maintained dividend of C$0.125 per share, while the company continued progressing its planned merger with Anglo American. We’ll now look at how this earnings surge, fueled by record copper production, may reshape Teck Resources’ existing investment narrative. This technology could replace computers: discover 26 stocks that are working to make quantum computing a reality. To own Teck Resources, you have to believe in its shift toward copper and critical minerals while accepting meaningful project, regulatory, and commodity price risk. The latest quarter’s record copper pricing and roughly 25% higher copper production strongly reinforce copper as the key near term catalyst, while the biggest swing factor remains execution and approvals around the Anglo American merger. This earnings surge materially strengthens Teck’s financial footing, but it does not remove permitting, operational, or price volatility risks. Among recent announcements, the tentative plan to expand germanium, gallium, and antimony output at Trail Operations stands out in this context. It connects directly to Teck’s critical minerals push that underpins the Anglo merger and supports the thesis that cash from strong copper markets can help fund broader growth in energy transition metals. For investors, Trail highlights how Teck is trying to deepen its role in critical supply chains even as it works through large copper and merger execution risks. Yet, despite these strong headlines, investors should still be aware that... Read the full narrative on Teck Resources (it's free!) Teck Resources' narrative projects CA$12.7 billion revenue and CA$2.0 billion earnings by 2029. This requires flat yearly revenue growth assumptions and about a CA$0.1 billion earnings increase from CA$1.9 billion today. Uncover how Teck Resources' forecasts yield a CA$85.00 fair value, in line with its current price. Some of the most optimistic analysts were already assuming Teck could reach about CA$15.4 billion in revenue and CA$3.2 billion in earnings by 2029, whi…Read full documentShow less
Teck Resources Limited has already reported a sharply stronger Q2 2026, with sales rising to C$3,605 million and net income to C$854 million, significantly lifting earnings per share from continuing operations versus a year earlier. The quarter was underpinned by record copper prices, roughly 25% higher copper production, record adjusted EBITDA margins, and a maintained dividend of C$0.125 per share, while the company continued progressing its planned merger with Anglo American. We’ll now look at how this earnings surge, fueled by record copper production, may reshape Teck Resources’ existing investment narrative. This technology could replace computers: discover 26 stocks that are working to make quantum computing a reality. To own Teck Resources, you have to believe in its shift toward copper and critical minerals while accepting meaningful project, regulatory, and commodity price risk. The latest quarter’s record copper pricing and roughly 25% higher copper production strongly reinforce copper as the key near term catalyst, while the biggest swing factor remains execution and approvals around the Anglo American merger. This earnings surge materially strengthens Teck’s financial footing, but it does not remove permitting, operational, or price volatility risks. Among recent announcements, the tentative plan to expand germanium, gallium, and antimony output at Trail Operations stands out in this context. It connects directly to Teck’s critical minerals push that underpins the Anglo merger and supports the thesis that cash from strong copper markets can help fund broader growth in energy transition metals. For investors, Trail highlights how Teck is trying to deepen its role in critical supply chains even as it works through large copper and merger execution risks. Yet, despite these strong headlines, investors should still be aware that... Read the full narrative on Teck Resources (it's free!) Teck Resources' narrative projects CA$12.7 billion revenue and CA$2.0 billion earnings by 2029. This requires flat yearly revenue growth assumptions and about a CA$0.1 billion earnings increase from CA$1.9 billion today. Uncover how Teck Resources' forecasts yield a CA$85.00 fair value, in line with its current price. Some of the most optimistic analysts were already assuming Teck could reach about CA$15.4 billion in revenue and CA$3.2 billion in earnings by 2029, which is far more upbeat than consensus. In light of this quarter’s copper driven beat and the execution and geographic risks around Teck’s copper pivot, you should treat these bullish views as one end of a wide spectrum and consider how both narratives might shift as new results arrive. Explore 4 other fair value estimates on Teck Resources - why the stock might be worth 33% less than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Teck Resources research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision. Our free Teck Resources research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Teck Resources' overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: Uncover the next big thing with 12 elite penny stocks that balance risk and reward. Find 5 companies with promising cash flow potential yet trading below their fair value. AI is about to change healthcare. These 7 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TECK-B.TO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]
Investor releaseQuarter not tagged2026-07-23Compared to Estimates, Teck Resources (TECK) Q2 Earnings: A Look at Key Metrics
Zacks
Compared to Estimates, Teck Resources (TECK) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Teck Resources Ltd (TECK) reported revenue of $2.6 billion, up 78.1% over the same period last year. EPS came in at $1.39, compared to $0.27 in the year-ago quarter. The reported revenue represents a surprise of +12.63% over the Zacks Consensus Estimate of $2.31 billion. With the consensus EPS estimate being $0.77, the EPS surprise was +80.52%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Teck Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales in tonnes - Highland Valley - Copper: 42.80 KTon versus 35.02 KTon estimated by three analysts on average. Sales in ounces - Carmen de Andacollo - Copper: 10.40 KTon versus 12.53 KTon estimated by three analysts on average. Production in tonnes - Quebrada Blanca - Copper: 55.80 KTon versus the three-analyst average estimate of 58.20 KTon. Net cash unit costs - Zinc: $0.35 compared to the $0.49 average estimate based on three analysts. Cash margin for by-products - Zinc: $-0.25 versus $-0.11 estimated by three analysts on average. Total cash unit costs - Zinc: $0.60 versus the three-analyst average estimate of $0.60. Net cash unit costs - Copper: $1.64 compared to the $2.08 average estimate based on three analysts. Tons Sold - Zinc-Refined: 59.00 KTon versus 52.44 KTon estimated by three analysts on average. Total cash unit costs - Copper: $2.25 versus the three-analyst average estimate of $2.54. Sales in tonnes - Antamina - Zinc: 51.80 KTon versus the three-analyst average estimate of 51.14 KTon. Sales in tonnes - Red Dog - Zinc: 36.50 KTon compared to the 35.00 KTon average estimate based on three analysts. Production in tonnes - Red Dog - Zinc: 112.00 KTon compared to the 99.33 KTon average estimate based on three analysts. View all Key Company Metrics for Teck Resources here>>> Shares of Teck Resources have returned -0.9% over the past month versus the Zacks S&P 500 composi…Read full documentShow less
For the quarter ended June 2026, Teck Resources Ltd (TECK) reported revenue of $2.6 billion, up 78.1% over the same period last year. EPS came in at $1.39, compared to $0.27 in the year-ago quarter. The reported revenue represents a surprise of +12.63% over the Zacks Consensus Estimate of $2.31 billion. With the consensus EPS estimate being $0.77, the EPS surprise was +80.52%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Teck Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales in tonnes - Highland Valley - Copper: 42.80 KTon versus 35.02 KTon estimated by three analysts on average. Sales in ounces - Carmen de Andacollo - Copper: 10.40 KTon versus 12.53 KTon estimated by three analysts on average. Production in tonnes - Quebrada Blanca - Copper: 55.80 KTon versus the three-analyst average estimate of 58.20 KTon. Net cash unit costs - Zinc: $0.35 compared to the $0.49 average estimate based on three analysts. Cash margin for by-products - Zinc: $-0.25 versus $-0.11 estimated by three analysts on average. Total cash unit costs - Zinc: $0.60 versus the three-analyst average estimate of $0.60. Net cash unit costs - Copper: $1.64 compared to the $2.08 average estimate based on three analysts. Tons Sold - Zinc-Refined: 59.00 KTon versus 52.44 KTon estimated by three analysts on average. Total cash unit costs - Copper: $2.25 versus the three-analyst average estimate of $2.54. Sales in tonnes - Antamina - Zinc: 51.80 KTon versus the three-analyst average estimate of 51.14 KTon. Sales in tonnes - Red Dog - Zinc: 36.50 KTon compared to the 35.00 KTon average estimate based on three analysts. Production in tonnes - Red Dog - Zinc: 112.00 KTon compared to the 99.33 KTon average estimate based on three analysts. View all Key Company Metrics for Teck Resources here>>> Shares of Teck Resources have returned -0.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teck Resources Ltd (TECK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-23Teck Resources Q2 Adjusted Earnings, Revenue Rise
MT Newswires
Teck Resources Q2 Adjusted Earnings, Revenue Rise
Teck Resources (TECK) reported Q2 adjusted earnings Thursday of 1.93 Canadian dollars ($1.37) per di
Investor releaseQuarter not tagged2026-07-23Teck Resources Limited Q2 2026 Earnings Call Summary
Moby
Teck Resources Limited Q2 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved record adjusted EBITDA margins of 61%, driven by a 25% increase in copper production and favorable commodity pricing environments. Maintained three consecutive quarters of stable operations at QB, demonstrating progress in reducing historical operational constraints and improving asset utilization. Successfully managed net cash unit costs despite energy inflation headwinds, supported by higher production volumes and significant byproduct credits from molybdenum, silver, and zinc. Advanced the Highland Valley Copper mine life extension to 95% engineering completion, securing its role as a cornerstone asset through 2046. Optimized Trail operations by prioritizing value-driven feed sources and residue processing, resulting in a material increase in zinc segment profitability. Strengthened the balance sheet with a $756 million increase in net cash during the quarter, providing a robust foundation for the upcoming merger. Anticipate completing the Anglo American merger within the original 12 to 18-month timeline, pending final regulatory approval from China's SAMR. Evaluating the acceleration of Tailings Management Facility (TMF) work at QB, including a potential $100 million investment for Rock Bench 6 to derisk 2027 operations. Integration planning has intensified to ensure seamless leadership transition and immediate synergy capture upon the transaction's closing. Second-half production at Highland Valley and Antamina is expected to be lower due to planned maintenance shutdowns and anticipated lower ore grades. Strategic investment at Trail aims to expand production of critical minerals like germanium and gallium, leveraging new processing capacity and diversified feed sources. Energy cost headwinds impacted copper unit costs by approximately 7 cents per pound, though this was offset by byproduct pricing strength. The Antamina zinc pipeline experienced a temporary shutdown during the quarter but has since been repaired and returned to full operation. Regulatory approval in China remains the primary dependency for the merger closing, though management reports no requests for remedies or asset sales to date. Future profitability at Trail remains sensitive to planned maintenance shutdowns in the zinc and…Read full documentShow less
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved record adjusted EBITDA margins of 61%, driven by a 25% increase in copper production and favorable commodity pricing environments. Maintained three consecutive quarters of stable operations at QB, demonstrating progress in reducing historical operational constraints and improving asset utilization. Successfully managed net cash unit costs despite energy inflation headwinds, supported by higher production volumes and significant byproduct credits from molybdenum, silver, and zinc. Advanced the Highland Valley Copper mine life extension to 95% engineering completion, securing its role as a cornerstone asset through 2046. Optimized Trail operations by prioritizing value-driven feed sources and residue processing, resulting in a material increase in zinc segment profitability. Strengthened the balance sheet with a $756 million increase in net cash during the quarter, providing a robust foundation for the upcoming merger. Anticipate completing the Anglo American merger within the original 12 to 18-month timeline, pending final regulatory approval from China's SAMR. Evaluating the acceleration of Tailings Management Facility (TMF) work at QB, including a potential $100 million investment for Rock Bench 6 to derisk 2027 operations. Integration planning has intensified to ensure seamless leadership transition and immediate synergy capture upon the transaction's closing. Second-half production at Highland Valley and Antamina is expected to be lower due to planned maintenance shutdowns and anticipated lower ore grades. Strategic investment at Trail aims to expand production of critical minerals like germanium and gallium, leveraging new processing capacity and diversified feed sources. Energy cost headwinds impacted copper unit costs by approximately 7 cents per pound, though this was offset by byproduct pricing strength. The Antamina zinc pipeline experienced a temporary shutdown during the quarter but has since been repaired and returned to full operation. Regulatory approval in China remains the primary dependency for the merger closing, though management reports no requests for remedies or asset sales to date. Future profitability at Trail remains sensitive to planned maintenance shutdowns in the zinc and lead circuits scheduled for the fourth quarter. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management views the potential $100 million investment as a derisking move to enhance operational continuity rather than a direct driver for near-term throughput increases. The additional bench would allow for earlier installation of permanent pipeline infrastructure, improving the efficiency of sand deposition. The process with China's SAMR is proceeding as expected with routine information requests and no current demands for structural remedies. Management expects the transaction to close within a matter of weeks once the final Chinese regulatory approval is secured. Teck is working with Anglo American to develop formal studies to validate the investment thesis for the Collahuasi-QB2 integration. The project is viewed as the lowest-risk and highest-return growth route for copper available to both sets of shareholders. Management expressed encouragement regarding S&P's proposal to allow foreign issuers with significant Canadian presence to be considered for indexation. The consultation period ends August 21st, and the company believes this could improve the investment landscape for Teck's shares.
Investor releaseQuarter not tagged2026-07-23Teck Resources quarterly earnings top estimates on stronger copper performance
Proactive
Teck Resources quarterly earnings top estimates on stronger copper performance
Teck Resources Ltd (TSX:TECK.B) shares added more than 3% after the company reported second quarter 2026 results that exceeded Wall Street expectations, supported by higher copper production, stronger commodity prices and improved operational performance. The mining company reported adjusted earnings per share of C$1.93 for the quarter, above analyst expectations of C$1.15. Revenue came in at C$3.61 billion, ahead of the consensus estimate of C$3.3 billion. Adjusted profit attributable to shareholders was C$948 million, or C$1.93 per share, compared with C$187 million, or C$0.38 per share, in the same period a year earlier. Adjusted EBITDA reached C$2.2 billion, up C$1.5 billion from the prior-year period, driven by higher copper production, stronger commodity prices and increased by-product revenue. Teck’s copper business was a key contributor to the quarter, generating gross profit before depreciation and amortization of C$1.8 billion, compared with C$673 million a year earlier. The company attributed the improvement to record copper prices, higher production volumes and increased by-product revenue. Copper production rose 25% year over year to 135,900 tonnes, with increases across all of Teck’s copper operations. The company noted that its Quebrada Blanca (QB) operation delivered its third consecutive quarter of stable operating performance. Copper prices averaged US$6.05 per pound during the second quarter, while copper net cash unit costs improved to US$1.64 per pound from US$2.02 per pound in the same period last year. The company’s zinc segment also reported improved results, with gross profit before depreciation and amortization increasing to C$353 million from C$159 million a year earlier, driven by higher commodity prices and continued focus on cash flow generation at its Trail Operations. “We delivered another quarter of strong operational and financial performance, generating significant earnings and robust cash flow, supported by continued strong copper sales volumes, a favourable commodity price environment and disciplined execution across our operations,” Teck President and CEO Jonathan Price wrote. “At QB, we achieved our third consecutive quarter of stable operating performance, demonstrating the progress we have made in strengthening reliability and consistency at one of the world’s most important new copper operations,” he added. Teck main…Read full documentShow less
Teck Resources Ltd (TSX:TECK.B) shares added more than 3% after the company reported second quarter 2026 results that exceeded Wall Street expectations, supported by higher copper production, stronger commodity prices and improved operational performance. The mining company reported adjusted earnings per share of C$1.93 for the quarter, above analyst expectations of C$1.15. Revenue came in at C$3.61 billion, ahead of the consensus estimate of C$3.3 billion. Adjusted profit attributable to shareholders was C$948 million, or C$1.93 per share, compared with C$187 million, or C$0.38 per share, in the same period a year earlier. Adjusted EBITDA reached C$2.2 billion, up C$1.5 billion from the prior-year period, driven by higher copper production, stronger commodity prices and increased by-product revenue. Teck’s copper business was a key contributor to the quarter, generating gross profit before depreciation and amortization of C$1.8 billion, compared with C$673 million a year earlier. The company attributed the improvement to record copper prices, higher production volumes and increased by-product revenue. Copper production rose 25% year over year to 135,900 tonnes, with increases across all of Teck’s copper operations. The company noted that its Quebrada Blanca (QB) operation delivered its third consecutive quarter of stable operating performance. Copper prices averaged US$6.05 per pound during the second quarter, while copper net cash unit costs improved to US$1.64 per pound from US$2.02 per pound in the same period last year. The company’s zinc segment also reported improved results, with gross profit before depreciation and amortization increasing to C$353 million from C$159 million a year earlier, driven by higher commodity prices and continued focus on cash flow generation at its Trail Operations. “We delivered another quarter of strong operational and financial performance, generating significant earnings and robust cash flow, supported by continued strong copper sales volumes, a favourable commodity price environment and disciplined execution across our operations,” Teck President and CEO Jonathan Price wrote. “At QB, we achieved our third consecutive quarter of stable operating performance, demonstrating the progress we have made in strengthening reliability and consistency at one of the world’s most important new copper operations,” he added. Teck maintained its previously issued 2026 production guidance, including copper production of 455,000 to 530,000 tonnes and zinc production of 410,000 to 460,000 tonnes. The company also expects third-quarter Red Dog zinc in concentrate sales of 220,000 to 270,000 tonnes. The results come as Teck continues to advance its planned merger with Anglo American, which the company has positioned as a step toward creating a global critical minerals producer. Jefferies highlighted Teck’s Q2 results as a potential catalyst for a re-rating of the stock ahead of the planned merger with Anglo American. The firm wrote that Teck delivered a “very strong” quarter, with EBITDA exceeding consensus expectations by about 25% due to higher copper production, lower costs, operational stability at Quebrada Blanca (QB), benefits from provisional pricing and another strong performance from Trail Operations. Jefferies reiterated its ‘Buy’ rating on Teck, describing the company as one of its top picks in global mining. The firm raised its 2026 EPS estimate by 16% and increased its EBITDA estimate by 6%, while maintaining that Teck is well positioned ahead of the completion of its planned merger with Anglo American. “Following another quarter of stable QB execution, we believe the market will increasingly focus on Teck's earnings power rather than its ramp-up risk,” Jefferies wrote. “The result should be continued re-rating potential if copper prices remain supportive and QB maintains operational consistency.” Looking ahead to the Anglo American transaction, Jefferies wrote that both companies are entering the proposed merger with strong operating momentum, adding that the combined company could become a major global copper producer over the next 12 months. The firm noted that remaining milestones include Anglo American completing planned divestitures and receiving regulatory approval in China.
Investor releaseQuarter not tagged2026-07-23Teck Resources Ltd (TECK) Q2 2026 Earnings Call Highlights: Record EBITDA and Strong Cash Flow ...
GuruFocus.com
Teck Resources Ltd (TECK) Q2 2026 Earnings Call Highlights: Record EBITDA and Strong Cash Flow ...
This article first appeared on GuruFocus. Cash Flow from Operations: $1.7 billion in Q2 2026. Adjusted EBITDA: Tripled to $2.2 billion in Q2 2026. Net Cash Position: Increased by $756 million during the quarter. Adjusted EBITDA Margin: Reached a record 61% in Q2 2026. Copper Production: Increased by 25% compared to Q2 2025. QB Copper Production: 55,800 tons in Q2 2026, up from 52,700 tons in Q2 2025. Gross Profit - Copper Segment: More than doubled to $1.8 billion with margins at 65%. Gross Profit - Zinc Segment: Increased 122% to $353 million with margins at 39%. Net Cash Unit Costs - Copper: Improved by 19%, from $2.02 per pound to $1.64 per pound. Net Cash Unit Costs - Zinc: Improved from $0.49 per pound to $0.35 per pound. Liquidity: Strengthened to $10.3 billion as of June 30, 2026, including $6.1 billion of cash. Capital Expenditure Guidance: Remains unchanged at $900 million to $1.2 billion for 2026. Warning! GuruFocus has detected 5 Warning Signs with TECK. Is TECK fairly valued? Test your thesis with our free DCF calculator. Release Date: July 23, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Teck Resources Ltd (NYSE:TECK) reported significantly higher earnings and robust cash flow in Q2 2026, supported by favorable commodity prices, including a record quarterly average copper price. The company tripled its adjusted EBITDA to $2.2 billion compared to the same period last year, demonstrating strong financial performance. Copper production increased by 25% compared to the second quarter of last year, with higher production across all copper operations. Teck Resources Ltd (NYSE:TECK) successfully managed net cash unit costs despite energy cost headwinds, supported by stronger operational performance and favorable byproduct pricing. The company increased its net cash position by $756 million during the quarter and $1 billion in the first half of the year, reflecting strong cash generation. Higher energy prices posed a challenge, impacting net cash unit costs despite overall cost management improvements. The regulatory approval process for the merger with Anglo American is ongoing, with completion expected within 12 to 18 months, which may delay potential synergies. The Highland Valley Mine Life Extension project requires significant capital investment, with $254 million spent in Q2 and total pr…Read full documentShow less
This article first appeared on GuruFocus. Cash Flow from Operations: $1.7 billion in Q2 2026. Adjusted EBITDA: Tripled to $2.2 billion in Q2 2026. Net Cash Position: Increased by $756 million during the quarter. Adjusted EBITDA Margin: Reached a record 61% in Q2 2026. Copper Production: Increased by 25% compared to Q2 2025. QB Copper Production: 55,800 tons in Q2 2026, up from 52,700 tons in Q2 2025. Gross Profit - Copper Segment: More than doubled to $1.8 billion with margins at 65%. Gross Profit - Zinc Segment: Increased 122% to $353 million with margins at 39%. Net Cash Unit Costs - Copper: Improved by 19%, from $2.02 per pound to $1.64 per pound. Net Cash Unit Costs - Zinc: Improved from $0.49 per pound to $0.35 per pound. Liquidity: Strengthened to $10.3 billion as of June 30, 2026, including $6.1 billion of cash. Capital Expenditure Guidance: Remains unchanged at $900 million to $1.2 billion for 2026. Warning! GuruFocus has detected 5 Warning Signs with TECK. Is TECK fairly valued? Test your thesis with our free DCF calculator. Release Date: July 23, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Teck Resources Ltd (NYSE:TECK) reported significantly higher earnings and robust cash flow in Q2 2026, supported by favorable commodity prices, including a record quarterly average copper price. The company tripled its adjusted EBITDA to $2.2 billion compared to the same period last year, demonstrating strong financial performance. Copper production increased by 25% compared to the second quarter of last year, with higher production across all copper operations. Teck Resources Ltd (NYSE:TECK) successfully managed net cash unit costs despite energy cost headwinds, supported by stronger operational performance and favorable byproduct pricing. The company increased its net cash position by $756 million during the quarter and $1 billion in the first half of the year, reflecting strong cash generation. Higher energy prices posed a challenge, impacting net cash unit costs despite overall cost management improvements. The regulatory approval process for the merger with Anglo American is ongoing, with completion expected within 12 to 18 months, which may delay potential synergies. The Highland Valley Mine Life Extension project requires significant capital investment, with $254 million spent in Q2 and total project costs expected to reach $2.1 billion to $2.4 billion. Higher royalties and profit sharing due to increased profitability at operations partially offset the positive financial impacts. The company faces potential risks related to the timing and sequencing of the installation of permanent TMF pipeline infrastructure, which could impact operational continuity. Q: What impact will advancing Rock Bench 6 have on throughput rates for 2027 and 2028? A: Jonathan Price, CEO, stated that advancing Rock Bench 6 is not expected to directly impact throughput rates. The actions are seen as an acceleration and de-risking measure to ensure ongoing operational continuity achieved over the last three quarters. Q: Can you provide an update on the regulatory approval process in China for the merger with Anglo American? A: Jonathan Price, CEO, mentioned that the process with SAMO, the markets regulator in China, is proceeding as expected. They continue to respond to information requests and anticipate completion within the originally announced 12 to 18 months from the announcement date. No requests for remedies have been received. Q: What is the status of integration planning with Anglo American, and what are the key focus areas? A: Jonathan Price, CEO, explained that significant work is underway for integration planning. The focus is on maintaining operational continuity and capturing value through business processes, systems, organizational structures, and synergy capture plans. The planning will continue with high intensity until the transaction is completed. Q: What are the plans for the Collahuasi QB2 tie-up, and how is it progressing? A: Jonathan Price, CEO, emphasized the significant value opportunity in the Collahuasi QB2 tie-up. They are advancing a formal study to validate the investment thesis and are optimistic about reaching a mutually beneficial agreement with stakeholders. The study will be a shared effort across both sites. Q: What factors will influence the decision to proceed with Rock Bench 6 construction? A: Jonathan Price, CEO, stated that the decision will be based on the potential uplift in the value of the operation. They have a strong conviction that this direction will be pursued due to the acceleration and de-risking benefits. The decision will go through the usual investment committee processes. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Investor releaseQuarter not tagged2026-07-23Teck Resources Ltd (TECK) Surpasses Q2 Earnings and Revenue Estimates
Zacks
Teck Resources Ltd (TECK) Surpasses Q2 Earnings and Revenue Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +80.52%. A quarter ago, it was expected that this company would post earnings of $0.76 per share when it actually produced earnings of $1.28, delivering a surprise of +68.42%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Teck Resources, which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $2.6 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 12.63%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Teck Resources shares have added about 19.5% since the beginning of the year versus the S&P 500's gain of 9.6%. While Teck Resources has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Teck Resources was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (St…Read full documentShow less
Teck Resources Ltd (TECK) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +80.52%. A quarter ago, it was expected that this company would post earnings of $0.76 per share when it actually produced earnings of $1.28, delivering a surprise of +68.42%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Teck Resources, which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $2.6 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 12.63%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Teck Resources shares have added about 19.5% since the beginning of the year versus the S&P 500's gain of 9.6%. While Teck Resources has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Teck Resources was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.79 on $2.71 billion in revenues for the coming quarter and $3.55 on $10.35 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining - Miscellaneous is currently in the bottom 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Materion (MTRN), another stock in the same industry, has yet to report results for the quarter ended June 2026. This supplier of engineered materials to technology companies is expected to post quarterly earnings of $1.55 per share in its upcoming report, which represents a year-over-year change of +13.1%. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. Materion's revenues are expected to be $548.13 million, up 27% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teck Resources Ltd (TECK) : Free Stock Analysis Report Materion Corporation (MTRN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

