Teck Resources Ltd Class B (Sub Voting)
TECK.B: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #!D | LOCK|ml | LOCK|CtZtdK! |
Teck Resources Earnings: Quebrada Blanca 2 Mine Production Issues Linger but Resolution Likely
June-quarter EBITDA of CAD 720 million for Teck is modestly higher than a year ago. However, shares fell 9% on July 25, likely because of ongoing issues ramping up its Quebrada Blanca 2 mine to capacity and higher capital expenditure.
