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The Top Canadian Stock to Boost Your Portfolio with Just $200

Occasionally, it’s not about having vast sums to invest; rather, it’s about maximizing whatever resources you have available. If you currently possess $200 and are pondering where best to allocate it,

Teck Resources

(

TSX:TECK.B

) shines as one of the most astute choices on the TSX. This stock goes beyond mining; it’s also about the future of worldwide infrastructure, clean energy, and robust Canadian industries.

About Teck

Teck is among Canada’s biggest

diversified

The company specializes in resource sectors such as copper, zinc, metallurgical coal, and energy. However, it’s copper that currently captures the most interest due to the worldwide move towards electrification. Copper is highly sought after because of its essential role in electric vehicles (EVs), green energy solutions, and virtually all infrastructure projects aiming for sustainability. This positioning provides Teck with a distinctive edge compared to conventional mining firms.

So far, Teck’s has experienced a notable recovery from its low points early this year; however, it remains approximately 25% below its 52-week high of $74.15. The discrepancy between its present value and past peak presents an interesting investment prospect. According to analysts’ projections, the anticipated 12-month average price target stands at around $71.94, indicating a possible upward movement close to 36%. If you were considering investing $200, you might be able to acquire roughly four shares along with a bit of leftover funds. This constitutes a modest yet significant holding in a firm brimming with growth possibilities.

Into earnings

Examining the latest information

earnings

In early 2025, Teck experienced robust performance. During the initial three months, the company announced an adjusted EBITDA of $927 million, nearly doubling from the figures recorded in the corresponding timeframe of the previous year. The adjusted profits stood at $303 million, equivalent to $0.60 per share. This surge can be attributed primarily to increased commodity prices, notably for copper and zinc, along with elevated output levels.

Teck’s copper production showed remarkable strength, climbing 7% year-over-year to reach 106,100 tonnes. A significant portion of this came from their Quebrada Blanca mine in Chile, which managed to yield 42,300 tonnes even amidst a nationwide power shortage and challenging climatic conditions. This accomplishment underscores Teck’s operational efficiency and managerial prowess, highlighting their capability to surpass production goals even when faced with tough circumstances.

More to come

But the story doesn’t end with production. Teck has been returning capital to shareholders aggressively. Between January and April 2025, it bought back $505 million worth of shares. That’s part of a broader $3.25 billion buyback plan, of which $1.75 billion has now been completed. In an uncertain market, share buybacks can signal that management believes the stock is undervalued and wants to reward long-term holders.

When examining Teck’s strategic path ahead, its prospects appear increasingly bright. As a Canadian firm, it has been gradually reducing its involvement in the steelmaking coal sector, aiming instead towards metals essential for a lower carbon footprint environment. This transition benefits not only public perception but also positions Teck squarely within key investment trends dominating this era. Demand for copper and zinc is currently robust and forecasted to keep growing. By concentrating on these sectors, Teck ensures it remains well-positioned as market needs evolve.

Bottom line

Therefore, with an investment of $200, you’re not merely purchasing shares in a mining company; instead, you’re acquiring a stake in the worldwide shift towards renewable energy. This gives you access to key resources essential over the coming ten years. Additionally, your purchase involves a Canadian firm known for increasing profitability, rewarding investors, and adjusting effectively to shifting market conditions.

Let’s face it: intelligent investing involves recognizing when an excellent opportunity is being offered at a reduced price. Teck might not remain so affordable indefinitely. The market has begun to recognize this, yet there’s still room to invest before it climbs further. If you’re considering beginning modestly but aiming high, Teck Resources could very well be the most sensible choice among Canadian stocks to purchase with $200 today.

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The Most Intelligent Canadian Share to Purchase Today for $200

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Fool contributor

Amy Legate-Wolfe

The Motley Fool does not hold any shares in the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a

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