Teck Cominco Ltd

17 operations, 6 development projects Significant producer of Copper, Zinc, Coal, specialty Metals & Oil sands development

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Bad season starting for tck

Teck Cominco Ltd

over 9 years ago

Teck downgraded

Analyst Actions: Teck Resources Downgraded To Sector Perform At CIBC - Ask Just Lower at $13.93 in Pre-Market 7:55AM ET on Tuesday Apr 07, 2015 07:55 AM EDT, 04/07/2015 (MT Newswires) -- Teck Resources (TCK) shares were downgraded by CIBC to sector perform from sector outperform. Price: 13.95, Change: , Percent Change:

coal production to hit 18 year low

Because of high American dollar , competing low natural gas prices and china over production of coal the outlook for coal prices and production is crashing according to Goldmen sacs. This will effect tck as about 40% of it's revenues is from coal. Also steel production and prices are heading lower. Not a good time for Canadian company teck resources...