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

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 lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Teck Resources fell 91 cents (-2.4%) to $36.71 on average volume. Throughout the day, 1.6 million shares of Teck Resources exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $36.70-$37.54 after having opened the day at $37.31 as compared to the previous trading day's close of $37.62. Other companies within the Metals & Mining industry that declined today were: China Shen Zhou Mining & Resources ( SHZ), down 11.4%, Schnitzer Steel Industries ( SCHN), down 7.9%, Molycorp ( MCP), down 7.3%, and Atlatsa Resources ( ATL), down 6.3%.
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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 $21.76 billion and is part of the basic materials sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Teck Resources a buy, one analyst rates it a sell, and five 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 a generally disappointing performance in the stock itself.

On the positive front, Crosshair Energy ( CXZ), up 16.8%, Uranium Resources ( URRE), up 12.6%, China Natural Resources ( CHNR), up 11.8%, and Kingold Jewelry ( KGJI), up 7.2%, were all gainers within the metals & mining industry with Newmont Mining Corporation ( NEM) being today's featured metals & mining industry leader.

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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