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Teck Resources (TSE:TECK.A) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Teck Resources logo with Basic Materials background

Shares of Teck Resources Limited (TSE:TECK.A - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$52.40 and traded as high as C$52.50. Teck Resources shares last traded at C$52.50, with a volume of 995 shares trading hands.

Teck Resources Trading Down 0.9%

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 fifty day moving average of C$52.40 and a two-hundred day moving average of C$54.96. The stock has a market capitalization of C$400.05 million, a price-to-earnings ratio of 18.82 and a beta of 1.37.

About Teck Resources

(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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