Teck Resources (TSE:TECK.A) Hits New 12-Month High – Should You Buy?

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

Teck Resources Trading Up 1.2%

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 firm has a 50-day moving average price of C$75.58 and a 200 day moving average price of C$70.24. The company has a market cap of C$44.79 billion, a price-to-earnings ratio of 24.27 and a beta of 2.28.

Teck Resources (TSE:TECK.AGet Free Report) last posted its earnings results on Thursday, April 23rd. The company reported C$1.75 EPS for the quarter. The company had revenue of C$3.94 billion during the quarter. Teck Resources had a return on equity of 5.03% and a net margin of 9.41%. As a group, sell-side analysts forecast that Teck Resources Limited will post 2.5209386 EPS for the current year.

About Teck Resources

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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.

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