This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Teck Resources Ltd Class B (TCK): Today's Featured Metals & Mining Loser

Teck Resources Ltd Class B ( TCK) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining loser. The industry as a whole closed the day up 0.3%. By the end of trading, Teck Resources Ltd Class B fell 55 cents (-1.8%) to $30.05 on light volume. Throughout the day, 2.3 million shares of Teck Resources Ltd Class B exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $29.84-$31.19 after having opened the day at $31.05 as compared to the previous trading day's close of $30.60. Other company's within the Metals & Mining industry that declined today were: Gold Reserve ( GRZ), down 12.6%, Primero Mining ( PPP), down 11.2%, Atlatsa Resources ( ATL), down 9.5%, and Ur-Energy ( URG), down 8.6%.

Teck Resources Limited operates as a diversified mining, mineral processing, and metallurgical company. It is involved in exploring, developing, smelting, refining, safety, environmental protecting, product stewardship, recycling, and researching activities. Teck Resources Ltd Class B has a market cap of $18.78 billion and is part of the basic materials sector. The company has a P/E ratio of 7.4, below the average metals & mining industry P/E ratio of 7.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 13% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate Teck Resources Ltd Class B a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates Teck Resources Ltd Class B as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Solitario Exploration & Royalty ( XPL), up 11.6%, Midway Gold ( MDW), up 9.5%, Golden Star Resources ( GSS), up 9%, and Paramount Gold and Silver Corporation ( PZG), up 8.8%, were all gainers within the metals & mining industry with Southern Copper Corporation ( SCCO) being today's featured metals & mining industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!
DOW 16,365.86 -14.55 -0.09%
S&P 500 1,898.57 +11.81 0.63%
NASDAQ 4,301.5930 +43.1550 1.01%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs