National Bank Financial on Tuesday reiterated its outperform rating on the shares of Teck Resources and its C$70.00 price target after the miner reported lower than expected third-quarter.
Teck Resources Ltd. overnight Sunday reported steelmaking coal sales of 5.2 million tons for the third quarter.
The sales are below the guidance of 5.6 million to 6 million tons because of.
American Eagle Gold Corp. on Thursday surged 12.8% on last look after reporting that Teck Resources Ltd. will make a strategic investment in American Eagle Gold through structured flow-through.
Fitch Ratings has affirmed Teck Resources Ltd. s long-term issuer default rating and unsecured debt and revolving credit facility ratings at BBB-.
The rating outlook is stable.
The rating. -Today at 11:28 am- MarketScreener