TECK Stock Recent News
TECK LATEST HEADLINES
VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer Jonathan Price, will be presenting at the BofA Securities 2024 Global Metals, Mining and Steel conference on Tuesday, May 14, 2024 at 11:45 a.m. Eastern/8:45 a.m. Pacific time. The investor presentation will focus on maximizing value for shareholders and include information on company strategy, financial performance, and outlook.
Teck Resources has had a spectacular run since we initiated our "Strong Buy". In just three months, TECK has achieved a total return of 23.2%. Our base case scenario sees copper prices matching previous bull markets. This translates into potentially another 40% gain for copper prices to US$6.50/pound. TECK is also among the world's most attractive pure-play copper producers and would be a decent acquisition target.
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.