Teck Resources (TSE:TECK.A) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Teck Resources Limited (TSE:TECK.AGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$55.17 and traded as high as C$57.00. Teck Resources shares last traded at C$56.61, with a volume of 937 shares traded.

Teck Resources Trading Down 1.2%

The company has a market cap of C$431.37 million, a PE ratio of 20.29 and a beta of 1.37. The stock’s 50 day moving average is C$51.75 and its 200-day moving average is C$55.17. The company has a quick ratio of 0.97, a current ratio of 1.48 and a debt-to-equity ratio of 37.46.

About Teck Resources

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Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck’s primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world’s second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner.

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