Teck Resources Limited (TECK)
Pre-market:
| Previous close | 45.53 |
| Open | 45.60 |
| Bid | 0.00 x 900 |
| Ask | 50.00 x 1100 |
| Day's range | 44.62 - 46.01 |
| 52-week range | 34.38 - 50.46 |
| Volume | |
| Avg. volume | 4,041,104 |
| Market cap | 23.601B |
| Beta (5Y monthly) | 1.44 |
| PE ratio (TTM) | 13.40 |
| EPS (TTM) | 3.39 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | 0.37 (0.81%) |
| Ex-dividend date | 14 Mar 2024 |
| 1y target est | 52.13 |
GlobeNewswireTeck Reports Unaudited First Quarter Results for 2024
Increasing copper production with QB ramp-up and completion of all major constructionVANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited first quarter results for 2024. "All outstanding major construction at our QB operation was completed in the first quarter, including the shiploader and molybdenum plant, and we marked the first shipment of concentrate from the completed port facility,"
ReutersLower prices, stubborn costs could weigh on copper miners' quarterly results
Freeport-McMoRan and Canada's Teck Resources are expected to post a combined adjusted net income of $666.3 million, according to LSEG estimates, compared with $1.43 billion in the year-ago quarter. Copper prices touched a multi-year high last month after major Chinese copper smelters agreed to limit capacity expansion. Despite the late rally, average benchmark copper prices were down about 5% during the quarter compared to last year, weighed by concerns over demand in top-consumer China and fears of elevated interest rates.
ZacksAnalysts Estimate Teck Resources Ltd (TECK) to Report a Decline in Earnings: What to Look Out for
Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
