Canadian stock alert

CANA

CLOSING UPDATE: Teck Resources Class B decreases further 0.3% 17 October 2017 18:16 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's Canadian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Teck Resources Class B, Canada's 3rd largest metals & mining company by market capitalisation, traded on volume of 0.5 times average today while the price dropped 66.0c (or 2.3%) to trade at CAD28.16. Compared with the S&P/TSX 60 Index which rose 1.7 points (or 0.2%) in the day, this represented a relative price change of -2.5%.

Note

Teck Resources Class B today is at a discount of 20.8% to the 12-month high of CAD35.54 on 28 Nov, 2016. It is at a premium of 46.7% to the 12-month low of CAD19.20 on 16 Jun, 2017.

The stock has underperformed 54% of the Canadian market over the past 6 months.

Bullish Signals:

The positive 0.2 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The price increased 0.1% in the last week and jumped 6.9% in the last month.

Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

As per the Du Pont analysis, Return on Equity is less than stellar at 6.0%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price/Earnings of 7.6 [43.1]

Price/Sales of 1.4 [1.9]

Price to Book of 1 [1.2]

Dividend yield of 0.9% [0.7%]

Return on Equity 6.0% [1.8%]

Return on Assets 2.9% [1.1%]

Return on Capital Employed 5.9% [2.6%]

TODAY'S ALERTS

Afternoon Alert: Teck Resources Class B drops 2.0%

17 October 2017 14:43 EDT

Teck Resources Limited (TSX:TECK.B) traded on volume of 0.8 times average so far today while the price dropped 58.0c (or 2.0%) to trade at CAD28.24.

Afternoon Alert: Teck Resources Class B drops 2.0%

17 October 2017 12:16 EDT

Teck Resources Limited (TSX:TECK.B) traded on volume of 0.7 times average so far today while the price dropped 58.0c (or 2.0%) to trade at CAD28.24.

Teck Resources Limited (T:TECK.B; TSE:TECK.B; N:TECK.B; CN:TECK.B)

ISIN: CA8787422044

PermID: 4295861257

CIK: Teck Resources Limited

Source: www.BuySellSignals.com