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Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s):  TCKRF | TECK | T.TECK.B

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.


TSX:TECK.A - Post by User

Comment by dalerules88on Mar 27, 2020 3:18am
273 Views
Post# 30851935

RE:RE:RE:RE:recovery

RE:RE:RE:RE:recoverytsx 60
2020 low 687, high 1065, current 816 = 19% off low, 23% off high

teck.b
2020 low 8.15, high 34.31, current 10.59 = 30% off low, 69% off high

i.e. the rebound for Teck is 11% more than TSX, and Teck is 46% lower off 2020 high than TSX 60
so risk/reward, relative to TSX60, Teck is likely to beat the index, assuming eventual recovery; of course this largely because of Teck Beta being higher than TSX60, naturally, but as relative value, the rebound v. the decline number for 2020 seem to imply that Teck is relatively undevalued; Teck RSI @41 v. TSX60 @44, neither of which is great, nonetheless Teck still ahead, and MACD pointing up on both; with RSI here we may have a pullback for a lower retest, but I'm guessing we get somewhate of W bottom and head up after that .. plus fundamentally, copper looks like it wants to go up, coke is strong, mines and plants are still mostly running, and china is gonna put a sizeable industrial stimulus forth, all of which seem to bode well for Teck, which can't be said for lot of the other co's in the index, including the financials, and particularly insuranc co's ... so, IMO Teck rebound beats TSX60 in % terms over the next six months to a year 

IMO, for what it's worth



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