Teck up on Q1 profit beat; sees no materially impact from tariff

ReutersApr 24, 2025 3:27 PM

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Shares of copper miner Teck Resources TECKb.TO rise 4.3% to C$40.4

Teck says it doesn't expect announced tariffs to materially impact business

Copper and zinc concentrate sales are not exposed to U.S. tariffs, as company primarily sells to Asia and Europe - Teck on conf. call

Company beats Q1 estimates, helped by higher prices and higher copper sales volume

Company posts Q1 adjusted profit of C$0.60/share vs estimate of C$0.33/share - data compiled by LSEG

Including session's moves, shares are down 13.45% YTD

($1 = 1.3874 Canadian dollars)

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