Key Focus for Teck Resources Investors

More and more people are talking about Teck Resources over the last few weeks. Is it worth buying the Mining & Quarrying of Nonmetallic Minerals (No Fuels) stock at a price of $46.73? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Teck Resources has moved 9.4% over the last year, and the S&P 500 logged a change of 22.2%

  • TECK has an average analyst rating of buy and is -21.11% away from its mean target price of $59.23 per share

  • Its trailing earnings per share (EPS) is $2.24

  • Teck Resources has a trailing 12 month Price to Earnings (P/E) ratio of 20.9 while the S&P 500 average is 28.21

  • Its forward earnings per share (EPS) is $2.42 and its forward P/E ratio is 19.3

  • The company has a Price to Book (P/B) ratio of 0.92 in contrast to the S&P 500's average ratio of 4.71

  • Teck Resources is part of the Industrials sector, which has an average P/E ratio of 25.19 and an average P/B of 3.17

  • TECK has reported YOY quarterly earnings growth of -70.2% and gross profit margins of 0.3%

  • The company has a free cash flow of $-2853125120, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. The company was founded in 1913 and is headquartered in Vancouver, Canada.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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