Shares of Teck Resources Limited (
TSE:TECK.A -
Get Free Report) were up 13.4% during mid-day trading on Tuesday . The stock traded as high as C$57.49 and last traded at C$55.70. Approximately 10,697 shares were traded during trading, an increase of 426% from the average daily volume of 2,033 shares. The stock had previously closed at C$49.13.
Teck Resources Price Performance
The company's 50 day moving average price is C$48.75 and its 200-day moving average price is C$51.15. 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$27.13 billion, a PE ratio of 95.69 and a beta of 1.58.
Teck Resources Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 29th will be issued a dividend of $0.125 per share. The ex-dividend date is Monday, September 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.9%. Teck Resources's payout ratio is currently 86.21%.
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.
Further Reading
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