(TECK-B) Teck Resources - Ratings and Ratios

Teck Resources Limited is a leading global diversified natural resource company, primarily engaged in the exploration, development, processing, and refining of mineral properties. With operations spanning Asia, the Americas, and Europe, the company specializes in copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. Its product portfolio also includes precious metals, molybdenum, fertilizers, and other specialty metals. Teck operates through two primary business segments: Copper and Zinc. The company is also actively involved in gold exploration and development projects.

Founded in 1913 and headquartered in Vancouver, Canada, Teck Resources Limited was previously known as Teck Cominco Limited before rebranding in April 2009. The company is recognized for its extensive mining operations, including the Quebrada Blanca Phase 2 (QB2) copper project in Chile, one of the largest undeveloped copper deposits globally. Teck is also a significant player in zinc production, with key assets such as the Red Dog mine in Alaska and the Antamina mine in Peru. The company emphasizes sustainability and responsible resource development, aligning with global environmental standards and practices.

### 3-Month Forecast Based on the provided data: Technical Outlook: - The stock is currently trading below its 20-day, 50-day, and 200-day moving averages (45.28 vs. 49.60, 55.39, and 61.88 respectively), indicating bearish momentum. - Average True Range (ATR) of 2.88 suggests moderate volatility, providing a range for potential price fluctuations. Fundamental Outlook: - A forward P/E of 23.98 indicates expectations of growth, though the current P/E is not available. - A P/B ratio of 0.88 suggests the stock is undervalued relative to its book value. - Price-to-Sales (P/S) of 2.53 reflects moderate valuation relative to revenue. - Return on Equity (RoE) of 1.56% is low, indicating subpar profitability. 3-Month Forecast: - Short-Term (1 Month): Expect continued bearish pressure with potential stabilization near the 200-day SMA of 61.88 as resistance. - Medium-Term (2-3 Months): If support at the current ATR range holds, a gradual recovery toward the 50-day SMA of 55.39 is possible. However, without significant fundamental catalysts, upside may remain limited. - Risks: Global economic conditions and commodity price volatility could impact performance.