Shares of Teck Resources Limited (TSE:TECK.A - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$52.49 and traded as low as C$46.00. Teck Resources shares last traded at C$47.00, with a volume of 2,968 shares.
Teck Resources Stock Down 3.7%
The firm's 50 day simple moving average is C$52.26 and its 200 day simple moving average is C$53.95. 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$342.98 million, a price-to-earnings ratio of 16.13 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.
See Also
Before you consider Teck Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Teck Resources wasn't on the list.
While Teck Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
