Teck ready for coming shift to EVs

Teck Resources recently sold its metallurgical coal mines in Western Canada. Metallurgical coal is a key ingredient in steelmaking.
The company is using the cash from the sale to pay down debt and reward investors. More importantly, the sale leaves Teck to focus on its copper… Read More

Teck shifts focus to ‘green’ metals

Mining firm Teck Resources recently announced that it will spin off its metallurgical coal (used for making steel) operations. It also recently sold its stake in an oil sands project.
These moves are part of its plan to focus on “low carbon metals,” particularly copper and… Read More

TECK RESOURCES LTD. $37 – Toronto symbol TCK.B

TECK RESOURCES LTD. $37 (Toronto symbol TCK.B;Conservative Growth Portfolio, Resources sector; Shares outstanding: 586.0 million; Market cap: $21.7 billion; Price-to sales ratio: 2.0; Dividend yield: 2.4%; TSI Network Rating: Average; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making. Its… Read More

Our #1 pick for 2013

We’ve chosen Teck Resources as our “Stock of the Year” for2013.Resource companies are highly cyclical. Teck fell to just $3.35in March 2009 as the credit crisis hurt its ability to refinance the$9.8 billion U.S. in short-term loans it took on the year before as part… Read More

TECK RESOURCES LTD. $35 – Toronto symbol TCK.B

TECK RESOURCES LTD. $35 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 586.0 million; Market cap: $20.5 billion; Price-to-sales ratio: 1.8; Dividend yield: 2.3%; TSINetwork Rating: Average; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steelmaking. Coal accounted for… Read More

Growing reserves cut Teck’s risk

TECK RESOURCES LTD. $35 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 586.0 million; Market cap: $20.5 billion; Price-to-sales ratio: 1.8; Dividend yield: 2.3%; TSINetwork Rating: Average; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steelmaking. Coal accounted for… Read More