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Teck Resources (TSE:TECK.A) Shares Pass Below 50 Day Moving Average - Should You Sell?

Teck Resources logo with Basic Materials background
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Key Points

  • Teck shares fell below their 50‑day moving average, trading as low as C$71.81 and last at C$72.05 versus the 50‑day MA of C$75.02 on light volume (5,477 shares), a potential short‑term technical sell signal.
  • Recent quarter and valuation: Teck reported C$1.37 EPS on C$3.06 billion of revenue, the stock has a market cap of C$35.24 billion and a trailing PE of 25.46, with analysts forecasting about 2.52 EPS for the current year.
  • Financial position and volatility: the company shows modest liquidity (quick ratio 0.97, current ratio 1.48), high reported debt‑to‑equity (37.46) and elevated volatility (beta 2.40).
  • Five stocks we like better than Teck Resources.

Teck Resources Limited (TSE:TECK.A - Get Free Report)'s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$75.02 and traded as low as C$71.81. Teck Resources shares last traded at C$72.05, with a volume of 5,477 shares changing hands.

Teck Resources Price Performance

The stock has a market capitalization of C$35.24 billion, a PE ratio of 25.46 and a beta of 2.40. 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 stock's 50 day moving average price is C$75.02 and its 200-day moving average price is C$64.12.

Teck Resources (TSE:TECK.A - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$1.37 EPS for the quarter. The company had revenue of C$3.06 billion for the quarter. Teck Resources had a net margin of 9.41% and a return on equity of 5.03%. As a group, equities analysts forecast that Teck Resources Limited will post 2.5209386 EPS for the current year.

Teck Resources Company Profile

(Get Free Report)

Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK.

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