Teck Resources Limited (TECK-B.TO)
| Previous Close | 62.20 |
| Open | 62.31 |
| Bid | 62.20 x 0 |
| Ask | 62.28 x 0 |
| Day's Range | 61.24 - 62.95 |
| 52 Week Range | 47.47 - 69.41 |
| Volume | |
| Avg. Volume | 1,142,715 |
| Market Cap | 32.245B |
| Beta (5Y Monthly) | 1.44 |
| PE Ratio (TTM) | 13.41 |
| EPS (TTM) | 4.64 |
| Earnings Date | Apr 25, 2024 |
| Forward Dividend & Yield | 0.50 (0.80%) |
| Ex-Dividend Date | Mar 14, 2024 |
| 1y Target Est | 67.99 |
- The Canadian Press
Teck Resources reports first-quarter profit down from year ago
VANCOUVER — Teck Resources Ltd. reported its first-quarter profit fell compared with a year ago due in part to its reduced ownership in its steelmaking coal business as well as lower copper and zinc prices and higher costs. The Vancouver-based mining company says it earned a profit attributable to shareholders of $343 million or 65 cents per diluted share for the quarter ended March 31. The result compared with a profit of $1.14 billion or $2.18 per diluted share in the same quarter last year. R
- Reuters
UPDATE 2-Canada's Teck misses Q1 profit on lower steelmaking coal sales
Canadian miner Teck Resources missed first-quarter profit estimates on Thursday, pulled down partly by lacklustre steelmaking coal sales volumes and lower zinc prices. of the business to Swiss miner Glencore Plc, and said it was shifting its strategy towards building its copper business. The miner reported a 74% rise in copper production at 99,000 tonnes in the first quarter, helped by ramp-up in output at its Quebrada Blanca (QB) mine in Chile.
ReutersCanada's Teck misses Q1 profit on lower steelmaking coal sales
Teck, one of the leading producers of steelmaking coal, last year announced the sale of the business to Swiss miner Glencore Plc, and said it was shifting its strategy towards building its copper business. The miner reported a 74% rise in copper production at 99,000 tonnes in the first quarter, helped by ramp-up in output at its Quebrada Blanca (QB) mine in Chile. "We had strong first quarter performance...with steadily increasing quarterly copper production as QB ramp-up advances," CEO Jonathan Price said in a statement.
