Live Analysis: Teck Resources Limited (TECK) witnessed a price drop of $3.18, marking a decrease of 5.28% from the previous close, currently priced at $57.04. Trading volume stands at $1.74 million, representing a 41.05% increase relative to the average.
Earnings Overview: TECK's latest quarterly earnings report, released on Wednesday, April 22nd, revealed a consensus estimate EPS of 0.84. Further details on revenue and earnings are pending.
Dividends: The forward dividend yield for TECK is 0.643%, with a dividend per share MRQ of 9.1625 cents. Year-over-year, the dividend per share has decreased by 50.9911 cents to 36.2975 cents TTM.
Grades: TD Securities issued a "Hold" grade for TECK on April 24, maintaining the previous assessment. The stock was valued at $60.73 at the time of publication.
Ratios: Key financial metrics show TECK's solid financial standing, with notable ratios including a gross profit margin of 43.49%, operating profit margin of 37.61%, and a price/earnings ratio of 10.75. The company's debt ratio is 20.94%, with a return on equity of 3.12%.
Despite market fluctuations, TECK's financial ratios and analyst grades indicate a stable position in the current market environment. Investors are advised to monitor upcoming earnings releases for further insights into the company's performance.
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. The company's principal products include steelmaking coal; copper, gold, blended bitumen, lead, silver, molybdenum, zinc, and zinc concentrates; chemicals, fertilizers, and other metals. It also produces indium and germanium. In addition, the company holds interest in Frontier oil sands projects in the Athabasca region of Alberta; and owns interests in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.