Teck Resources Limited announces an Equity Buyback for 7.9 percent of its issued share capital, for CAD 40 million. - Marketscreener.com
| TECK-B Stock | CAD 57.90 2.32 3.85% |
About 61% of Teck Resources' investor base is looking to short. The current sentiment regarding investing in Teck Resources Limited stock implies that many traders are alarmed. The current market sentiment, together with Teck Resources' historical and current headlines, can help investors time the market. In addition, many technical investors use Teck Resources stock news signals to limit their universe of possible portfolio assets.
Teck |
Teck Resources Limited announces an Equity Buyback for 7.9 percent of its issued share capital, for CAD 40 million. Marketscreener.com
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Teck Resources Fundamental Analysis
We analyze Teck Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teck Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teck Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
Teck Resources is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Teck Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Teck Resources stock to make a market-neutral strategy. Peer analysis of Teck Resources could also be used in its relative valuation, which is a method of valuing Teck Resources by comparing valuation metrics with similar companies.
Peers
Teck Resources Related Equities
| NTR | Nutrien | 2.28 |
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| LUN | Lundin Mining | 3.17 |
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| WPM | Wheaton Precious | 3.47 |
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| HBM | HudBay Minerals | 5.10 |
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| FM | First Quantum | 5.53 |
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