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Teck Resources (TECK) stock forecast for 2023

Last update: September 27, 2023 (17:13)

Sector: Basic materials### The share price of Teck Resources Lim. (TECK) now

50/200 Day Moving Average: $41.4 / $41.06

This figure corresponds to the Average Price over the previous 50/200 days. For Teck Resources stocks, the 50-day moving average is the resistance level today.

For Teck Resources stocks, the 200-day moving average is the resistance level today.

Are you interested in Teck Resources stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Teck Resources stock price in 2023. How much will one Teck Resources share be worth in 2023? Is it worth taking profit / loss on Teck Resources stock now or waiting? What are analysts' forecasts for Teck Resources stock?

We forecast Teck Resources stock performance using neural networks based on historical data on Teck Resources stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Teck Resources stock prediction results are shown below and presented as a graph, table and text information.

Teck Resources stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Teck Resources analysts is $50.38.

Today 200 Day Moving Average is the support level (41.06 $).

50 Day Moving Average is the support level (41.4 $).

### Historical and forecast chart of Teck Resources stock

The chart below shows the historical price of Teck Resources stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Teck Resources stock price can be found in the table below.

### Teck Resources (TECK) Forecast for 2023

Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|

Oct | 45.56 | 44.09 | 49.90 | 11.63 % |

Nov | 47.28 | 45.89 | 50.06 | 8.33 % |

Dec | 49.60 | 47.03 | 52.44 | 10.33 % |

### Teck Resources information and performance

550 BURRARD ST, SUITE 3300, BENTALL 5, VANCOUVER, BC, CA

Market capitalization of the Teck Resources Lim. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of TECK shares in the company outstanding by the market price of one share.

EBITDA of Teck Resources is earnings before interest, income tax and depreciation of assets.

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

Price/earnings to growth

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS shows how much of the net profit is accounted for by the common share.

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward P/E uses projections of future earnings instead of final numbers.

Enterprise Value (EV) /Revenue

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Number of issued ordinary shares

Number of freely tradable shares

Shares Short Prior Month - the number of shares in short positions in the last month.

### Teck Resources price target for 2023 by month

#### Target values for the price of one Teck Resources share for Oct 2023.

In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 11.633% volatility is expected.

Pessimistic target level: 44.09

Optimistic target level: 49.90

#### Target values for the price of one Teck Resources share for Nov 2023.

In Nov, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 8.330% volatility is expected.

Pessimistic target level: 45.89

Optimistic target level: 50.06

#### Target values for the price of one Teck Resources share for Dec 2023.

In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 10.327% volatility is expected.

Pessimistic target level: 47.03

Optimistic target level: 52.44

### Teck Resources (TECK) stock dividend

Teck Resources last paid dividends on 09/14/2023. The next scheduled payment will be on 09/29/2023. The amount of dividends is $0.5 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.

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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.