Teck Resources (TSE:TECK.A) Sets New 12-Month High – Here’s Why

Shares of Teck Resources Limited (TSE:TECK.A) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$91.72 and last traded at C$91.66, with a volume of 3063 shares traded. The stock had previously closed at C$89.23.

Teck Resources Trading Down 2.0%

The company has a 50 day moving average price of C$76.13 and a 200 day moving average price of C$70.68. The firm has a market cap of C$44.02 billion, a price-to-earnings ratio of 23.85 and a beta of 2.28. The company has a debt-to-equity ratio of 37.46, a quick ratio of 0.97 and a current ratio of 1.48.

Teck Resources (TSE:TECK.A) last issued its quarterly earnings data on Thursday, April 23rd. The company reported C$1.75 earnings per share (EPS) for the quarter. The firm had revenue of C$3.94 billion during the quarter. Teck Resources had a return on equity of 5.03% and a net margin of 9.41%. On average, research analysts expect that Teck Resources Limited will post 2.5209386 earnings per share for the current year.

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.