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Teck Resources (TSE:TECK.A) Stock Crosses Above 200 Day Moving Average - What's Next?

Teck Resources logo with Basic Materials background

Teck Resources Limited (TSE:TECK.A - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$55.17 and traded as high as C$57.00. Teck Resources shares last traded at C$56.61, with a volume of 937 shares trading hands.

Teck Resources Trading Down 1.2%

The company's fifty day moving average price is C$51.75 and its two-hundred day moving average price is C$55.17. The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46. The company has a market cap of C$431.37 million, a price-to-earnings ratio of 20.29 and a beta of 1.37.

Teck Resources Company Profile

(Get Free Report)

Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world's second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner.

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