Top 15 Commodity Producers With the Highest Upside Potential

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2. Teck Resources Limited (NYSE:TECK)

Analysts’ Upside Potential as of May 01: 86.49%

Teck Resources Limited (NYSE:TECK) is a diversified natural resources company, engaged in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy. It is one of the best commodity stocks on our list. China plays a crucial role in the company’s operations. These commodities’ demand is linked to fixed-asset investment, except for lead. The firm is significantly expanding its copper output to capitalize on the rising demand brought on by trends like electrification and decarbonization.

Teck Resources Limited (NYSE:TECK)’s first-quarter 2025 EBITDA of C$930 million more than doubles that of the previous year because of higher copper and zinc prices and volumes. The production of copper increased by 7% to 106,000 tons, and net cash unit costs grew by $0.32 per pound to $2.04 per pound. Even though there are still issues ramping up the Quebrada Blanca 2 copper mine to capacity, the market approved, with shares up 4% on the day. Improved cash flow and profitability were a result of strong operational performance at important locations, such as Highland Valley, Carmen de Andacollo, and Trail.

Teck Resources Limited (NYSE:TECK)’s balance sheet remained strong, with $10 billion in total liquidity and $764 million in net cash. It has shown a dedication to shareholder returns by paying out $568 million in dividends and share buybacks so far this year.

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