Teck Resources Limited Stock Today

TECK-B Stock  CAD 65.13  0.74  1.12%   

Performance

3 of 100

 
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Strong
Insignificant

Odds Of Distress

Less than 8

 
High
 
Low
Low
Teck Resources is trading at 65.13 as of the 27th of November 2024, a 1.12 percent decrease since the beginning of the trading day. The stock's open price was 65.87. Teck Resources has only a 8 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Teck Resources Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. The company has 503.1 M outstanding shares of which 3.99 M shares are at this time shorted by private and institutional investors with about 3.43 days to cover all short positions. More on Teck Resources Limited

Teck Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Teck Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Teck Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Teck Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Teck Resources' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentJonathan MBA
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Excise Tax ActivitiesCoal
Teck Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Teck Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Teck Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Teck Resources' financial leverage. It provides some insight into what part of Teck Resources' total assets is financed by creditors.
Liquidity
Teck Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Teck Resources Limited has accumulated 11.09 B in total debt with debt to equity ratio (D/E) of 0.35, which is about average as compared to similar companies. Teck Resources has a current ratio of 1.31, which is within standard range for the sector. Debt can assist Teck Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Teck Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Teck Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Teck to invest in growth at high rates of return. When we think about Teck Resources' use of debt, we should always consider it together with cash and equity.

Change In Cash

(1.08 Billion)
Teck Resources Limited (TECK-B) is traded on Toronto Exchange in Canada and employs 12,600 people. Teck Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 33.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Teck Resources's market, we take the total number of its shares issued and multiply it by Teck Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Teck Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 503.1 M outstanding shares of which 3.99 M shares are at this time shorted by private and institutional investors with about 3.43 days to cover all short positions. Teck Resources Limited has accumulated about 403 M in cash with 3.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76.
Check Teck Resources Probability Of Bankruptcy
Ownership Allocation
Teck Resources shows a total of 503.1 Million outstanding shares. The majority of Teck Resources outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Teck Resources to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Teck Resources. Please pay attention to any change in the institutional holdings of Teck Resources Limited as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Teck Ownership Details

Teck Resources Risk Profiles

Although Teck Resources' alpha and beta are two of the key measurements used to evaluate Teck Resources' performance over the market, the standard measures of volatility play an important role as well.

Teck Stock Against Markets

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Teck Resources Corporate Management

Elected by the shareholders, the Teck Resources' board of directors comprises two types of representatives: Teck Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teck. The board's role is to monitor Teck Resources' management team and ensure that shareholders' interests are well served. Teck Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Teck Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Teck Stock

Teck Resources financial ratios help investors to determine whether Teck Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Teck with respect to the benefits of owning Teck Resources security.