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 0.5%. By the end of trading, Teck Resources Ltd Class B fell 31 cents (-0.9%) to $33.25 on average volume. Throughout the day, 3.4 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 $32.48-$33.86 after having opened the day at $32.58 as compared to the previous trading day's close of $33.56. Other company's within the Metals & Mining industry that declined today were: Oxford Resource Partners ( OXF), down 6.5%, Crosshair Energy ( CXZ), down 6.3%, China Precision Steel ( CPSL), down 6%, and Mountain Province Diamonds ( MDM), down 4.8%.

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 $19.95 billion and is part of the basic materials sector. The company has a P/E ratio of 7.8, below the average metals & mining industry P/E ratio of 8.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% year to date as of the close of trading on Tuesday. Currently there are eight 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, Jaguar Mining ( JAG), up 15.3%, James River Coal Company ( JRCC), up 11.1%, Arch Coal ( ACI), up 9.9%, and Cloud Peak Energy ( CLD), up 8.7%, were all gainers within the metals & mining industry with Peabody Energy Corporation ( BTU) 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).
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