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

Shares of Teck Resources Limited (TSE:TECK.A) reached a new 52-week high on Thursday . The company traded as high as C$86.26 and last traded at C$86.26, with a volume of 8390 shares traded. The stock had previously closed at C$80.97.

Teck Resources Price Performance

The stock has a market cap of C$41.54 billion, a P/E ratio of 29.98 and a beta of 2.23. The company has a debt-to-equity ratio of 37.46, a quick ratio of 0.97 and a current ratio of 1.48. The firm has a 50-day moving average price of C$75.10 and a 200-day moving average price of C$68.27.

Teck Resources (TSE:TECK.A) last released its quarterly earnings results on Thursday, April 23rd. The company reported C$1.75 earnings per share for the quarter. The company 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 forecast that Teck Resources Limited will post 2.5209386 earnings per share for the current fiscal 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.