Teck Resources Ltd Class B (Sub Voting)
TECK.B: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| g! | LOCK|VK | LOCK|hSc#kC |
While Less Than Hoped For, China Stimulus Supporting Commodity Prices
China’s increased efforts to support its economy and tottering residential property sector saw iron ore and most other commodity prices rise in the December quarter. Gold is also higher. However, prices are generally elevated versus the past and cost curve support.
