Teck Resources Limited (OTCMKTS:TCKRF – Get Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 493 shares, a growth of 54.5% from the December 15th total of 319 shares. Based on an average trading volume of 195 shares, the short-interest ratio is currently 2.5 days. Based on an average trading volume of 195 shares, the short-interest ratio is currently 2.5 days.
Teck Resources Price Performance
Shares of OTCMKTS:TCKRF opened at $50.48 on Friday. The firm has a fifty day moving average price of $45.06 and a two-hundred day moving average price of $41.33. Teck Resources has a one year low of $30.50 and a one year high of $51.87.
About Teck Resources
Teck Resources Limited (OTCMKTS:TCKRF) is a diversified natural resources company headquartered in Vancouver, Canada. Established in the early 20th century as the Consolidated Mining and Smelting Company of Canada, it has evolved into one of North America’s leading producers of copper, metallurgical coal, zinc, and energy. Teck’s vertically integrated operations span the full spectrum of mineral and metal production, from exploration and development through to mining, processing, and marketing.
Teck’s principal business activities include the extraction and processing of copper, a critical metal for electrification and renewable energy systems, as well as metallurgical coal used in steelmaking.
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