TSX:TECK.BMetals and Mining
Teck Resources (TSX:TECK.B): Checking the Valuation After a Choppy 3-Month Climb
Teck Resources (TSX:TECK.B) has been grinding higher over the past 3 months, up about 9%, even as the past week saw a pullback. That mix of momentum and volatility raises some interesting valuation questions.
See our latest analysis for Teck Resources.
Zooming out, Teck’s roughly 9% 3 month share price return and modest year to date gain suggest steady, if choppy, momentum. This appears to build on the back of incremental progress in its copper focused growth story and shifting risk sentiment...