Teck Resources rises after Q2 profit beats estimates

Teck Resources

23/07/2026 10:46

** U.S.-listed shares of copper miner Teck Resources TECKb.TO, TECK.N rise 6% to $60.68 premarket
** Teck beats Wall Street expectations for Q2 profit on higher copper prices and production
** Co posts Q3 adj profit of C$1.93 per share vs estimates of C$1.25 per share - LSEG data
** Teck's realized prices for copper come in at $6.05 per pound in Q2, up from $4.32 per pound a year ago
** Co reports 24.6% jump in quarterly copper production
** As of last close, stock is up 19.3%

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))