Teck Resources (TSE:TECK.A) Reaches New 12-Month High – What’s Next?

Teck Resources Limited (TSE:TECK.A)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$82.98 and last traded at C$82.81, with a volume of 2633 shares changing hands. The stock had previously closed at C$81.35.

Teck Resources Stock Performance

The stock’s 50 day simple moving average is C$71.56 and its two-hundred day simple moving average is C$61.42. The company has a market capitalization of C$39.48 billion, a P/E ratio of 32.48 and a beta of 1.94. The company has a debt-to-equity ratio of 37.46, a current ratio of 1.48 and a quick ratio of 0.97.

Teck Resources (TSE:TECK.A) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$1.37 EPS for the quarter. The company had revenue of C$3.06 billion during the quarter. Teck Resources had a return on equity of 5.03% and a net margin of 9.41%. As a group, 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.