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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Teck Resources ( TCK) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole was unchanged today. By the end of trading, Teck Resources rose 78 cents (2.3%) to $35.24 on average volume. Throughout the day, 2.2 million shares of Teck Resources exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $34.50-$35.37 after having opened the day at $34.87 as compared to the previous trading day's close of $34.46. Other companies within the Metals & Mining industry that increased today were: Cardero Resources Corporation ( CDY), up 7.4%, Walter Energy ( WLT), up 5.3%, Timmins Gold ( TGD), up 4.8%, and Denison Mines Corporation ( DNN), up 4.5%.
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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 has a market cap of $19.34 billion and is part of the basic materials sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are down 4.7% year to date as of the close of trading on Wednesday. Currently there are nine analysts that rate Teck Resources a buy, one analyst rates it a sell, and four rate it a hold.

TheStreet Ratings rates Teck Resources as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and disappointing return on equity.

On the negative front, Pacific Booker Minerals ( PBM), down 10.4%, Kimber Resources ( KBX), down 8.3%, Entree Gold ( EGI), down 6.5%, and Atlatsa Resources ( ATL), down 5.8%, were all laggards within the metals & mining industry with Cliffs Natural Resources ( CLF) being today's metals & mining industry laggard.

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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