The stock of Teck Resources Ltd (USA) (NYSE:TCK) is a huge mover today! The stock decreased 3.58% or $0.67 during the last trading session, hitting $18.03. About 10.78M shares traded hands or 23.48% up from the average. Teck Resources Ltd (USA) (NYSE:TCK) has risen 211.40% since February 29, 2016 and is uptrending. It has outperformed by 200.97% the S&P500.
The move comes after 8 months negative chart setup for the $10.30B company. It was reported on Oct, 1 by Barchart.com. We have $17.13 PT which if reached, will make NYSE:TCK worth $515.00M less.
Analysts await Teck Resources Ltd (USA) (NYSE:TCK) to report earnings on October, 27. They expect $0.15 EPS, up 275.00% or $0.11 from last year’s $0.04 per share. TCK’s profit will be $85.69 million for 30.05 P/E if the $0.15 EPS becomes a reality.
Teck Resources Ltd (USA) (NYSE:TCK) Ratings Coverage
Out of 15 analysts covering Teck Resources (NYSE:TCK), 4 rate it a “Buy”, 4 “Sell”, while 7 “Hold”. This means 27% are positive. Teck Resources has been the topic of 23 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Cowen & Co on Friday, July 24 with “Market Perform”. As per Monday, September 21, the company rating was maintained by FBR Capital. On Wednesday, July 20 the stock rating was maintained by FBR Capital with “Mkt Perform”. On Friday, October 23 the stock rating was upgraded by BB&T Capital to “Buy”. The firm has “Underperform” rating by Raymond James given on Thursday, March 24. The rating was upgraded by TD Securities on Friday, April 1 to “Buy”. The firm has “Equal-Weight” rating given on Thursday, September 15 by Morgan Stanley. The firm has “Underweight” rating by Barclays Capital given on Thursday, January 14. The stock of Teck Resources Ltd (USA) (NYSE:TCK) has “Market Perform” rating given on Thursday, August 4 by Raymond James. The stock of Teck Resources Ltd (USA) (NYSE:TCK) earned “Outperform” rating by FBR Capital on Friday, September 18.
According to Zacks Investment Research, “Teck Resources Limited is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. It is a world leader in the production of copper, metallurgical coal and zinc, a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets. Headquartered in Vancouver, Canada, the company has expertise across the full range of activities related to mining, including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The Company is actively exploring in countries throughout the Americas, Asia Pacific, Europe and Africa. Teck Resources Limited, formerly Teck Cominco Limited, is headquartered in Vancouver, Canada.”
More notable recent Teck Resources Ltd (USA) (NYSE:TCK) news were published by: Fool.ca which released: “Teck Resources Ltd.: Why Is the Rally so Strong?” on September 29, 2016, also Fool.ca with their article: “Will Teck Resources Ltd. Go From Hero to Zero?” published on August 29, 2016, Fool.ca published: “Billionaire Hedge Fund Is Betting Big on Teck Resources Ltd.: Should You?” on September 16, 2016. More interesting news about Teck Resources Ltd (USA) (NYSE:TCK) were released by: Fool.ca and their article: “Teck Resources Ltd.: Time to Sell?” published on September 07, 2016 as well as Fool.ca‘s news article titled: “Teck Resources Ltd.: Is the Rally Just Beginning for This Stock?” with publication date: September 15, 2016.
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