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Morning Momentum: Teck Resources Limited, (TECK)

Friday February 24th 2017: Teck Resources Limited, TECK is in the exchange NYSE and its industry is Industrial Metals & Minerals in the sector of Basic Materials. Based in Canada, Teck Resources Limited, TECKĀ  has a market cap of 10.93 B. Since its IPO date on the 7/18/2002, Teck Resources Limited, TECK performance year to date is -4.49%. Today Teck Resources Limited, TECK has gained 1.15%, with a current price of 19.35.

Ownership of the company is 1.40% for insider ownership while institutional ownership is 73.70%. The management of the company have seen the company have a payout ratio of 3.80%. Return of assets are at 4.40%, with return on investment at 5.00%.

In terms of debt levels and profit levels, Teck Resources Limited, TECK is seeing a long-term debt/equity of 0.38. While Total debt/equity is 0.38. With a profit margin of 14.50%, this is combined with a gross margin of 32.70%, and operating margin of 26.30%. Teck Resources Limited ability to meet debt levels, with a current ratio of 1.9, while the quick ratio is 1.

For the last year Teck Resources Limited, TECK has seen a EPS growth of 142.00%. A performance for the year of 33.87%. The 52-week high is -27.26%, and the 52-week low is 53.39%. The average volume for Teck Resources Limited, TECK is 69264.

With a target price of 26.95, can Teck Resources Limited, TECK reach this target? Looking at the value indicators of Teck Resources Limited, TECK. Teck Resources Limited has a P/E of 9.42 and a forward P/E of 8.02. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.17. Teck Resources Limited also has a P/S and a P/B of 1.35 and 0.79 respectively. For P/cash, Teck Resources Limited has a value of 26.42, while it is 5.79 for P/free cash flow.

At the current price of 19.35, Teck Resources Limited has a dividend yield of 0.37%. We see a return on equity of 8.90%.

Looking more long-term Teck Resources Limited, is projected to get an EPS growth for the next five years of 4.34%. In the short-term an EPS growth of -24.60% in the next year is forecasted. This is after a EPS growth of 142.00% for this year and for the last five years a -16.70% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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