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

Teck Resources Ltd Class B ( TCK) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.5%. By the end of trading, Teck Resources Ltd Class B rose 32 cents (1.1%) to $30.29 on light volume. Throughout the day, 1.4 million shares of Teck Resources Ltd Class B exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $29.53-$30.48 after having opened the day at $30.48 as compared to the previous trading day's close of $29.97. Other companies within the Metals & Mining industry that increased today were: Augusta Resource Corporation ( AZC), up 11.4%, Kingold Jewelry ( KGJI), up 6.8%, Timberline Resources Corporation ( TLR), up 4.7%, and Polymet Mining ( PLM), up 4.2%.

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 $17.47 billion and is part of the basic materials sector. The company has a P/E ratio of 6.9, below the average metals & mining industry P/E ratio of 7.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 13.9% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Teck Resources Ltd Class B a buy, one analyst rates it a sell, and two rate 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 negative front, AuRico Gold ( AUQ), down 12.2%, China Gengsheng Minerals ( CHGS), down 8.2%, Thompson Creek Metals Company ( TC), down 7%, and Jaguar Mining ( JAG), down 6.5%, were all losers within the metals & mining industry with Anglogold Ashanti ( AU) being today's metals & mining industry loser.

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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