Previous Close | 62.23 |
Open | 66.66 |
Bid | 66.82 x 0 |
Ask | 66.79 x 0 |
Day's Range | 64.51 - 67.00 |
52 Week Range | 47.47 - 69.41 |
Volume | |
Avg. Volume | 1,142,715 |
Market Cap | 34.638B |
Beta (5Y Monthly) | 1.44 |
PE Ratio (TTM) | 14.41 |
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 |
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
Teck Resources (TECK) delivered earnings and revenue surprises of -22.22% and 1.03%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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.