Teck Resources Limited (TCKRF)
| Previous close | 45.95 |
| Open | 45.55 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 45.55 - 45.55 |
| 52-week range | 34.53 - 73.60 |
| Volume | |
| Avg. volume | 141 |
| Market cap | 23.318B |
| Beta (5Y monthly) | 1.44 |
| PE ratio (TTM) | 13.48 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.37 (0.80%) |
| Ex-dividend date | 14 Mar 2024 |
| 1y target est | N/A |
- Reuters
Lower 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.
- Zacks
Analysts 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 Monkey
Teck 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 […]
