(TECK) Teck Resources - Ratings and Ratios

Teck Resources Limited, a leading global diversified natural resource company, specializes in the exploration, development, processing, and reclamation of mineral properties. With operations spanning Asia, the Americas, and Europe, the company primarily operates through its Copper and Zinc segments. Its product portfolio includes copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. Additionally, Teck produces lead, precious metals, molybdenum, fertilizers, and other metals, while also exploring for gold. The company, originally known as Teck Cominco Limited, rebranded as Teck Resources Limited in April 2009. Founded in 1913 and headquartered in Vancouver, Canada, Teck Resources is a major player in the global metals and mining industry.

From a technical perspective, TECK is currently trading at $32.73, below its SMA 20 ($35.06), SMA 50 ($38.83), and SMA 200 ($44.21), indicating bearish momentum. The stocks Average True Range (ATR) of 2.10 suggests moderate volatility. On the fundamental side, TECK has a market capitalization of $16.69 billion USD, with a forward P/E ratio of 24.15, reflecting expectations of future earnings growth. The price-to-book (P/B) ratio of 0.89 indicates the stock may be undervalued relative to its book value, while the price-to-sales (P/S) ratio of 1.84 aligns with industry averages. The return on equity (RoE) of 1.56% is relatively low, signaling moderate profitability compared to peers.

3-Month Forecast: Based on and , TECK is expected to face continued downward pressure due to its position below key moving averages. The SMA 20, SMA 50, and SMA 200 are all above the current price, suggesting resistance at these levels. However, the forward P/E ratio of 24.15 indicates investor confidence in future earnings growth, which could stabilize or drive the stock higher in the medium term. Volatility, as measured by the ATR of 2.10, is expected to remain moderate, with potential price fluctuations within a 5-10% range over the next three months.