Teck Resources (TSE:TECK.A) Posts Quarterly Earnings Results

Teck Resources (TSE:TECK.A) released its quarterly earnings results on Thursday. The company reported C$1.37 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$3.06 billion for the quarter. Teck Resources had a return on equity of 5.03% and a net margin of 9.41%.

Teck Resources Stock Performance

Shares of TSE TECK.A traded down C$2.30 during mid-day trading on Thursday, hitting C$79.00. 1,685 shares of the company were exchanged, compared to its average volume of 6,305. The stock has a 50 day simple moving average of C$70.74 and a 200-day simple moving average of C$60.81. Teck Resources has a 1-year low of C$40.49 and a 1-year high of C$82.39. The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46. The firm has a market cap of C$38.57 billion, a price-to-earnings ratio of 31.73 and a beta of 1.94.

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.