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Teck Resources' (TECK) Q1 bottom line reflects the impacts of higher costs, lower steelmaking coal sales volumes and a decline in copper and zinc prices.
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $1.32 per share a year ago.
The Investment Committee give you their top stocks to watch for the second half.
VANCOUVER, British Columbia, April 05, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its first quarter 2024 earnings results before market open on Thursday, April 25, 2024.
Teck Resources (TECK) witnesses a year-over-year decline in the sales volume of steelmaking coal. However, the average realized price of steelmaking coal sees an uptick.
Copper is an essential component for power infrastructure upgrades.
(Kitco News) - Seventy percent of the world's remaining copper resources are trapped in low-grade primary sulfide deposits. Being able to release that copper at a low cost, and with minimal capital expenditures is a big deal for the mining industry, says Mike Outwin, co-founder and CEO of privately held Jetti Resources.
Teck Resources Ltd (TECK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday.
Teck Resources' (TECK) Q4 bottom line reflects the impacts of higher steelmaking coal sales volumes and copper prices, offset by lower zinc and steelmaking coal prices, as well as higher costs.