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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Teck Resources Limited    TECK.B   CA8787422044

TECK RESOURCES LIMITED

(TECK.B)
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Teck Sees Reduced Zinc Output at Trail After Equipment Failure

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08/27/2019 | 07:29am EDT

By Colin Kellaher

Teck Resources Ltd. (TECK) said an electrical equipment failure at its zinc refinery in Trail, British Columbia, will result in a 25% drop in production for up to 20 weeks.

The Vancouver, British Columbia, diversified resource company said it expects repairs will cost up to 10 million Canadian dollars (US$7.6 million), adding that there were no injuries or environmental impacts related to the failure.

Teck said it expect the issue to result in lost production of 20,000 to 30,000 metric tons.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
SUMITOMO METAL MINING CO., LTD. 1.06% 3345 End-of-day quote.-5.62%
TECK RESOURCES LIMITED 1.24% 18.79 Delayed Quote.-16.56%
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Financials
Sales 2020 8 901 M 6 648 M 6 648 M
Net income 2020 -128 M -95,2 M -95,2 M
Net Debt 2020 6 435 M 4 806 M 4 806 M
P/E ratio 2020 -64,3x
Yield 2020 1,12%
Capitalization 9 992 M 7 451 M 7 462 M
EV / Sales 2020 1,85x
EV / Sales 2021 1,69x
Nbr of Employees 10 100
Free-Float 98,6%
Chart TECK RESOURCES LIMITED
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Technical analysis trends TECK RESOURCES LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 22,23 CAD
Last Close Price 18,79 CAD
Spread / Highest target 75,6%
Spread / Average Target 18,3%
Spread / Lowest Target -25,5%
EPS Revisions
Managers
NameTitle
Donald R. Lindsay President, Chief Executive Officer & Director
Sheila A. Murray Chairman
Harry Milton Conger Chief Operating Officer & Executive Vice President
Ronald A. Millos Chief Financial Officer & Senior VP-Finance
Norman B. Keevil Chairman-Emeritus
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