Teck Resources Ltd (TCK): Today's Highlighted Performer In Metals & Mining

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 closed the day down 0.5%. By the end of trading, Teck Resources rose 32 cents (1.2%) to $27.51 on average volume. Throughout the day, 2.7 million shares of Teck Resources exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $26.88-$27.62 after having opened the day at $27.07 as compared to the previous trading day's close of $27.19. Other companies within the Metals & Mining industry that increased today were: Sutor Technology Group ( SUTR), up 18.1%, Mines Management ( MGN), up 10.5%, Crosshair Energy ( CXZ), up 8.4%, and Quaterra Resources ( QMM), up 7.9%.
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Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in the Americas, Asia Pacific, Europe, and Africa. Teck Resources has a market cap of $15.38 billion and is part of the basic materials sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are down 25.2% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Teck Resources a buy, two analysts rate 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 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 a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and disappointing return on equity.

On the negative front, Great Basin Gold ( GBG), down 7.8%, China Gengsheng Minerals ( CHGS), down 7.4%, Gold Standard Ventures ( GSV), down 6.7%, and Tanzanian Royalty Exploration Corporation ( TRX), down 6.1%, were all laggards within the metals & mining industry with Gerdau ( GGB) 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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