Teck Resources (TSE:TECK.A) Sets New 52-Week High – Here’s What Happened

Shares of Teck Resources Limited (TSE:TECK.A) hit a new 52-week high on Wednesday . The stock traded as high as C$91.72 and last traded at C$91.66, with a volume of 3063 shares trading hands. The stock had previously closed at C$89.23.

Teck Resources Trading Up 1.2%

The business’s 50-day simple moving average is C$75.58 and its two-hundred day simple moving average is C$70.24. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46. The company has a market capitalization of C$44.79 billion, a PE ratio of 24.27 and a beta of 2.28.

Teck Resources (TSE:TECK.A) last released its quarterly earnings results on Thursday, April 23rd. The company reported C$1.75 EPS for the quarter. The business had revenue of C$3.94 billion for the quarter. Teck Resources had a return on equity of 5.03% and a net margin of 9.41%. On average, analysts predict that Teck Resources Limited will post 2.5209386 earnings per share for the current year.

Teck Resources Company Profile

Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK.