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 $49.29, up 1.73% from the previous day, and has increased 13.44% in one year. It has overperformed other stocks in the Other Industrial Metals & Mining industry by 0.4 percentage points. Teck Resources stock is currently +43.39% from its 52-week low of $34.38, and -4.57% from its 52-week high of $51.65.
There are currently 518.9M shares of TECK outstanding. The market capitalization of TECK is $25.58B. In the past 24 hours, 2.69M 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 choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Teck Resources stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your method of payment and add your details.
- 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 market research tools can help you decide 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 particular price.
- Watch your investment in TECK: Create a watchlist to important updates regarding your new investment in Teck Resources stock.
Step 1: Decide where to buy Teck Resources stock
You will need a brokerage account in order to access the NYSE market and buy TECK stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you are able to buy TECK stock today.
How to Start a New 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 details to start your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on stock apps to use, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Evaluate Teck Resources stock
After you have chosen the best place to buy Teck Resources stock, it's critical to analyze their stock prior to buying, so you can comprehend the risk and upside.
Teck Resources Numbers
TECK Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TECK's stock page.
Is TECK stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TECK's intrinsic value.
Using relative valuations metrics:
- TECK may be overvalued based on its P/E ratio of 21.95x, relative to Other Industrial Metals & Mining industry P/E ratio of 18.89x
- TECK could be undervalued based on its P/B ratio of 1.35x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.17x
- TECK may be overvalued based on its PEG ratio of 1.94x
You can do more valuation research on TECK's stock here.
Is TECK a healthy company?
Positive Financial Indicators:
- TECK has $938.41M in cash and short term investments. This is sufficient to cover its annual cash burn of $837.68M.
- TECK has cash burn of 837681159. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the TECK balance sheet.
Negative Financial Indicators:
- TECK has a relatively high debt to equity ratio of 1.05.
- TECK profit margin has gone down from 22.7% to 10.6% in the past year.
- There are more long-term liabilities than short-term assets on the TECK balance sheet.
- Total TECK debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy TECK stock
Out of 3 sell side analysts who give recommendations on TECK, the consensus analyst rating on Teck Resources is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Teck Resources stock forecast page.
TECK Trading Indicators
TECK Growth Metrics
Last year, TECK earnings were $1.17B. During the last five year, TECK's earnings have increased by -10.2% per year. This was slower than the Other Industrial Metals & Mining industry average of 1.26%.
Last year, TECK revenue was $11.02B. Over the last 5 year, TECK's revenue has increased by 3.42% per year. This was slower than the Other Industrial Metals & Mining industry average of 5.03%.
You can analyze TECK's earnings and revenue performance here.
What are TECK insiders up to?
In the last year, executives and large shareholders at TECK have not bought or sold any shares.
Learn more about who owns TECK stock here.
Does TECK stock generate passive income?
Teck Resources pays a dividend of 0.82%, compared to the Other Industrial Metals & Mining industry's average dividend yield of 4.18%. If you owned $1,000 worth of TECK stock, you would have received $8.17 in the past 12 months.
Teck Resources dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Teck Resources dividend yield and history here.
What do other traders have to say about TECK?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your TECK buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in TECK
Now that you own some TECK shares, you'll want to stay up-to-date on your investment.
Start a watchlist to track the most important metrics related to your TECK stock.
TECK Feed
How to Buy Stock in Teck Resources
To summarize, here are the 6 steps to buy stock in Teck Resources:
- 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 option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Teck Resources, add TECK to your watchlist below.
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