Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) will report its Q3 earnings on October 27. Investors who have watched the huge rally from the sidelines are wondering if they should be owners of the stock before the numbers are released.
(Reuters) - Canadian miner Teck Resources Ltd TCKb.TO TCK.N reported better-then-expected quarterly revenue on Thursday due to higher prices for steelmaking coal, and raised its production forecast for the year.
It's been one heck of a run for Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK). After hitting a low of less than $5 per share when the TSX bottomed in January, Teck has been one of the best investments out there.
... repeat is in the cards, but positive momentum remains in place. If Teck manages to get US$200 per tonne for its coal in Q4 and the market believes the price gains are here to stay, this stock should continue to move higher on the back of earnings ...