Teck Resources Limited (TCK) is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company operates through five segments: steelmaking coal, copper, zinc, energy and corporate. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company exports seaborne steelmaking coal and produces mined zinc. The Company also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. It produces both copper concentrates and copper cathode. It produces both refined zinc and zinc concentrates through its mining operations and metallurgical operations at Trail. Its energy assets in the Athabasca oil sands region of northeastern Alberta include interest in the Fort Hills oil sands project, interest in the Frontier oil sands project and in various other oil sands leases in the exploration phase, including the Lease 421 Area.
Analyst Upgrade/Downgrade Update Brokerage firm: Credit Suisse Change: Upgrade Previous Rating: Neutral Current Rating: Outperform Previous Price Target: N/A Current Price Target: N/A
Analyst Upgrade/Downgrade Update Brokerage firm: RBC Capital Mkts Change: Upgrade Previous Rating: Sector Perform Current Rating: Outperform Previous Price Target: $23 Current Price Target: $30
Analyst Upgrade/Downgrade Update Brokerage firm: Citigroup Change: Coverage Initiated Previous Rating: N/A Current Rating: Neutral Previous Price Target: N/A Current Price Target: N/A
Analyst Upgrade/Downgrade Update Brokerage firm: Goldman Change: Upgrade Previous Rating: Neutral Current Rating: Buy Previous Price Target: N/A Current Price Target: N/A
Analyst Upgrade/Downgrade Update Brokerage firm: Deutsche Bank Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $23 Current Price Target: $25
I got in on this one at $19.75 after you brought it forward, currently up 8.35% in <2 weeks. Not too shabby. I may take some profits at a little over $22 with some very short term resistance and the 50MA as more resistance, but will probably hold some with a target of $26.
Appreciate posting up the chart. It's slowly pulling back towards sub $20 Looking for another entry around $19.50 range. Glad you made some coin for spring break!
We're back in the sub $19.50 range. Anyone going to pull the trigger for a buy swing trade at this level?
Shares of copper companies are trading higher as copper prices gain amid supply concerns. Jan 12, 2022 2:49p ET
