Teck Resources (TSE:TECK.A) Hits New 12-Month High – Here’s What Happened

Teck Resources Limited (TSE:TECK.A)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$99.84 and last traded at C$99.84, with a volume of 4322 shares changing hands. The stock had previously closed at C$95.63.

Teck Resources Trading Down 2.3%

The company has a market cap of C$47.40 billion, a PE ratio of 18.98 and a beta of 1.73. The company has a debt-to-equity ratio of 37.46, a current ratio of 1.48 and a quick ratio of 0.97. The company has a 50-day moving average of C$88.73 and a 200 day moving average of C$83.72.

Teck Resources (TSE:TECK.A) last issued its quarterly earnings data on Thursday, July 23rd. The company reported C$1.93 earnings per share (EPS) for the quarter. The business had revenue of C$3.60 billion for the quarter. Teck Resources had a return on equity of 5.03% and a net margin of 9.41%. Analysts predict that Teck Resources Limited will post 2.5209386 earnings per share for the current year.

About Teck Resources

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.