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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 up 1.9%. By the end of trading, Teck Resources fell $1.68 (-6.6%) to $23.68 on heavy volume. Throughout the day, 5,155,647 shares of Teck Resources exchanged hands as compared to its average daily volume of 2,025,900 shares. The stock ranged in price between $23.61-$24.46 after having opened the day at $24.32 as compared to the previous trading day's close of $25.36. Other companies within the Metals & Mining industry that declined today were: Entree Gold ( EGI), down 7.8%, Tasman Metals ( TAS), down 7.7%, Timberline Resources Corporation ( TLR), down 7.2% and Turquoise Hill Resources ( TRQ), down 6.7%.

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 $14.3 billion and is part of the basic materials sector. Shares are down 2.5% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Teck Resources a buy, no analysts rate it a sell, and 9 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 revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and feeble growth in the company's earnings per share.

On the positive front, China Gengsheng Minerals ( CHGS), up 24.7%, USEC ( USU), up 17.4%, Tanzanian Royalty Exploration Corporation ( TRX), up 16.1% and McEwen Mining ( MUX), up 12.0% , were all gainers within the metals & mining industry with Vale ( VALE) 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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