Teck Resources Limited (TECK)
After hours:
| Previous Close | 45.53 |
| Open | 45.60 |
| Bid | 45.39 x 900 |
| Ask | 45.70 x 1100 |
| Day's Range | 44.62 - 46.01 |
| 52 Week Range | 34.38 - 50.46 |
| Volume | |
| Avg. Volume | 4,041,104 |
| Market Cap | 23.476B |
| Beta (5Y Monthly) | 1.44 |
| PE Ratio (TTM) | 13.44 |
| EPS (TTM) | 3.38 |
| Earnings Date | Apr 25, 2024 |
| Forward Dividend & Yield | 0.37 (0.81%) |
| Ex-Dividend Date | Mar 14, 2024 |
| 1y Target Est | 52.13 |
ReutersLower prices, stubborn costs could weigh on copper miners' quarterly results
Freeport-McMoRan and Canada's Teck Resources are expected to post a combined adjusted net income of $666.3 million, according to LSEG estimates, compared with $1.43 billion in the year-ago quarter. Copper prices touched a multi-year high last month after major Chinese copper smelters agreed to limit capacity expansion. Despite the late rally, average benchmark copper prices were down about 5% during the quarter compared to last year, weighed by concerns over demand in top-consumer China and fears of elevated interest rates.
ZacksAnalysts Estimate Teck Resources Ltd (TECK) to Report a Decline in Earnings: What to Look Out for
Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Insider MonkeyTeck Resources Limited (TECK) Rose on Copper Market Dynamics
L1 Capital, an investment management firm, released its “L1 Long Short Fund” first quarter 2024 investor letter, a copy of the same can be downloaded here. As U.S. economic data continued to surprise to the upside in comparison to market expectations, equity markets saw a gain throughout the March quarter. The portfolio returned 7.4% for the […]
