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  5. TECK.B: Copper is a logical play these days but Teck is lagging, I know they have some issues but do you think this is a good entry point? [Teck Resources Limited Class B Subordinate Voting Shares]
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Q: Copper is a logical play these days but Teck is lagging, I know they have some issues but do you think this is a good entry point? Thx.
Asked by John L on August 12, 2025
5i Research Answer:

We think TECK.B is decent enough, but we really do not like the momentum here and the valuation is on the high side of the sector at 22X earnings. LUN is outperforming, so is CS. We think buyers have some time. 

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