Teck Resources (TSE:TECK.A) Reaches New 52-Week High – Still a Buy?

Teck Resources Limited (TSE:TECK.A)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$82.98 and last traded at C$82.81, with a volume of 2633 shares changing hands. The stock had previously closed at C$81.35.

Teck Resources Stock Down 0.6%

The company’s 50 day moving average is C$71.56 and its 200 day moving average is C$61.42. The company has a market cap of C$39.48 billion, a PE ratio of 32.48 and a beta of 1.94. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46.

Teck Resources (TSE:TECK.A) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$1.37 earnings per share for the quarter. Teck Resources had a net margin of 9.41% and a return on equity of 5.03%. The firm had revenue of C$3.06 billion during the quarter. As a group, analysts predict that Teck Resources Limited will post 2.5209386 earnings per share for the current fiscal year.

Teck Resources Company Profile

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.