Teck Resources Limited (TECK)
Pre-market:
| Previous close | 45.53 |
| Open | 45.60 |
| Bid | 0.00 x 900 |
| Ask | 50.00 x 1100 |
| Day's range | 44.62 - 46.01 |
| 52-week range | 34.38 - 50.46 |
| Volume | |
| Avg. volume | 4,041,104 |
| Market cap | 23.601B |
| Beta (5Y monthly) | 1.44 |
| PE ratio (TTM) | 13.40 |
| EPS (TTM) | 3.39 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | 0.37 (0.81%) |
| Ex-dividend date | 14 Mar 2024 |
| 1y target est | 52.13 |
- 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.
GlobeNewswireTeck Reports Unaudited First Quarter Results for 2024
Increasing copper production with QB ramp-up and completion of all major constructionVANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited first quarter results for 2024. "All outstanding major construction at our QB operation was completed in the first quarter, including the shiploader and molybdenum plant, and we marked the first shipment of concentrate from the completed port facility,"
