Teck Resources Limited (OTCMKTS:TCKRF – Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 208 shares, a growth of 193.0% from the January 29th total of 71 shares. Based on an average trading volume of 297 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 297 shares, the days-to-cover ratio is currently 0.7 days.
Teck Resources Trading Up 3.3%
Shares of OTCMKTS:TCKRF opened at $62.00 on Thursday. Teck Resources has a 12 month low of $30.50 and a 12 month high of $62.00. The firm’s 50-day moving average is $52.12 and its 200 day moving average is $44.55.
About Teck Resources
Teck Resources Limited (OTCMKTS:TCKRF) is a diversified natural resources company headquartered in Vancouver, Canada. Established in the early 20th century as the Consolidated Mining and Smelting Company of Canada, it has evolved into one of North America’s leading producers of copper, metallurgical coal, zinc, and energy. Teck’s vertically integrated operations span the full spectrum of mineral and metal production, from exploration and development through to mining, processing, and marketing.
Teck’s principal business activities include the extraction and processing of copper, a critical metal for electrification and renewable energy systems, as well as metallurgical coal used in steelmaking.
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