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Teck Resources (TSE:TECK.A) Shares Cross Above 50 Day Moving Average - What's Next?

Teck Resources logo with Basic Materials background

Teck Resources Limited (TSE:TECK.A - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$49.01 and traded as high as C$53.07. Teck Resources shares last traded at C$53.07, with a volume of 205 shares traded.

Teck Resources Trading Down 0.0%

The business's 50-day simple moving average is C$49.04 and its two-hundred day simple moving average is C$56.53. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46. The company has a market capitalization of C$407.14 million, a PE ratio of 19.15 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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