Teck Resources shares jump 5.02% premarket on strong production results, hitting 52-week high amid copper/zinc output within guidance.

Teck Resources surged 5.02% in premarket trading, driven by strong production results and reaffirmed growth guidance. The company reported annual copper production of 453,500 tons, within its guidance range, and zinc production hitting the upper end of expectations. A 7.5% intra-day rebound earlier in the week, fueled by confidence in operational performance and 2026 growth targets, preceded the premarket rise. Despite a TD Cowen downgrade to Hold, the stock climbed as investors focused on robust Q4 copper output and inventory buildup at Quebrada Blanca, signaling near-term demand resilience. The 52-week high of $54 underscored market optimism amid upcoming earnings and merger-related developments with Anglo American.