Insider Buying: Teck Resources Limited (TSE:TECK.A) Director Acquires 3,900 Shares of Stock

Teck Resources Limited (TSE:TECK.A) Director James Kitchener Gowans bought 3,900 shares of Teck Resources stock in a transaction that occurred on Wednesday, November 13th. The shares were acquired at an average price of C$63.23 per share, with a total value of C$246,600.12.

Teck Resources Stock Up 2.6 %

TECK.A stock opened at C$65.60 on Friday. Teck Resources Limited has a 12-month low of C$47.60 and a 12-month high of C$74.15. The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46. The company has a market cap of C$499.87 million, a price-to-earnings ratio of 23.51 and a beta of 1.37. The company has a 50 day moving average of C$66.77 and a two-hundred day moving average of C$66.75.

Teck Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 0.76%. Teck Resources’s payout ratio is 17.92%.

About Teck Resources

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.