Teck Resources (TSE:TECK.A) Announces Quarterly Earnings Results

Teck Resources (TSE:TECK.A) posted its quarterly earnings results on Thursday. The company reported C$1.88 earnings per share for the quarter, FiscalAI reports. Teck Resources had a net margin of 9.41% and a return on equity of 5.03%. The firm had revenue of C$4.52 billion during the quarter.

Teck Resources Stock Up 0.2%

Teck Resources stock traded up C$0.19 during midday trading on Thursday, reaching C$88.50. The stock had a trading volume of 4,841 shares, compared to its average volume of 6,598. Teck Resources has a 12 month low of C$54.03 and a 12 month high of C$99.84. The company has a market capitalization of C$43.42 billion, a P/E ratio of 17.39 and a beta of 1.87. The company has a fifty day moving average price of C$92.89 and a two-hundred day moving average price of C$83.92. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46.

Teck Resources Company Profile

Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK.