How to Buy Teck Resources Stock
Teck Resources Ltd
Teck Resources is a mining company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker TECK on the NYSE exchange.
Teck Resources stock last closed at $57.95, down 0.82% from the previous day, and has increased 69.44% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.3 percentage points. Teck Resources stock is currently +87.06% from its 52-week low of $30.98, and -8.4% from its 52-week high of $63.27.
At the moment, there are 488.48M shares of TECK outstanding. The market cap of TECK is $28.31B. In the last 24 hours, 2.27M TECK shares were traded.
How to Buy Teck Resources Stock
Not sure how to invest in Teck Resources stock? Here's how.
- Decide where to buy Teck Resources stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Teck Resources stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your info.
- Evaluate Teck Resources stock: The Teck Resources ticker symbol is TECK. Is Teck Resources stock a good investment? Should you buy shares of TECK? How do TECK's underlying business fundamentals look? Do top analysts think Teck Resources is a good buy? Why has TECK's stock price moved recently? (Hint: Our stock research website can help you understand if TECK is a good stock to buy).
- Place your TECK buy order: Decide if you will purchase TECK shares at the current market price or use a limit order to purchase TECK stock at a specific price.
- Watch your investment in TECK: Create a watchlist to the latest updates on your position in Teck Resources stock.
Step 1: Decide where to buy Teck Resources stock
You need an online brokerage account to access the NYSE market and buy TECK shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in TECK today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on investing apps, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Evaluate Teck Resources stock
After you have selected the best place to buy Teck Resources stock, it's crucial to analyze their stock before you buy, so you actually understand the risk as well as the upside.
Teck Resources quick stats
Teck Resources Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TECK's stock page.
Is TECK stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TECK's fair value.
Using relative valuations ratios:
- TECK could be overvalued based on its P/E ratio of 21.16x, relative to Other Industrial Metals & Mining industry P/E ratio of 13.39x
- TECK may be undervalued based on its P/B ratio of 1.49x, relative to Other Industrial Metals & Mining industry P/B ratio of 3.01x
You can access more valuation research on TECK's stock here.
TECK Financial Health
Positive Financial Indicators:
- Total TECK debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the TECK balance sheet.
- TECK profit margin has gone up from 0.3% to 14.9% in the past year.
- TECK's operating cash flow of $2.19B allows it to safely service it's debt of $4.22B.
Negative Financial Indicators:
- TECK earnings of $2.71B is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the TECK balance sheet.
- TECK has a relatively high debt to equity ratio of 0.74.
Do analysts think it's a good time to buy TECK stock
Out of 2 sell side analysts who give ratings on TECK, the consensus analyst rating on TECK is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Teck Resources stock forecast page.
TECK Technicals
Is TECK Growing Revenue?
Last year, TECK earnings were $1.34B. During the last four year, TECK's earnings have gone up by -18.28% per year. This was slower than the Other Industrial Metals & Mining industry average of 0.96%.
Last year, TECK revenue was $8.99B. Over the last five year, TECK's revenue has gone up by 4.11% per year. This was slower than the Other Industrial Metals & Mining industry average of 5.65%.
Dig into TECK's earnings and revenue performance here.
Who is buying/selling TECK?
In the past 12 months, executives and large shareholders at TECK have not bought or sold any shares.
Dig into more about who owns TECK stock here.
Can I get consistent income from TECK stock?
Teck Resources pays a dividend of 0.47%, compared to the Other Industrial Metals & Mining industry's average dividend yield of 1.66%. If you owned $1,000 worth of TECK stock, you would have been paid $4.69 in the past 12 months.
Teck Resources dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Teck Resources dividend yield and history here.
What do other traders have to say about TECK?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your TECK buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and eToro will execute your order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Watch your investment in TECK
Now that you own some TECK shares, you'll want to keep up with your investment.
Add TECK to a watchlist to see the latest developments about your TECK stock.
TECK Feed
How to Buy Stock in Teck Resources
To summarize, here are the 6 steps to buy Teck Resources stock:
- Decide where to buy Teck Resources stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Teck Resources stock
- Place your TECK buy order
- Watch your investment in TECK
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Teck Resources, create a watchlist today.
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