Teck Resources Stock News

VANCOUVER, BC , Dec. 9, 2021 /CNW/ - A $150,000 innovation challenge will seek new clean technologies from BC, Canada and around the world to help British Columbia''s mining industry reduce water use. The Mining Innovation Challenge: Reducing Water Use is calling on cleantech and technology providers to bring forward their ideas to help reduce water use intensity at operating mines. The winning concept will receive $150,000 in prize money, and the potential opportunity to pilot their innovation at a BC mine. The Challenge is led by the Mining Association of British Columbia (MABC) and Foresight Canada, in partnership with the Government of British Columbia , Newcrest Mining, Teck Resources Limited, Natural Resources Canada, PwC, the Bradshaw Research Initiative for Minerals Mining (BRIMM), the Global Mining Guidelines Group and the Mining Suppliers Association of BC (MSABC). "This challenge promotes innovative solutions to protect the environment and build a cleaner, stronger economy for everyone" said Bruce Ralston , Minister of Energy, Mines and Low Carbon Innovation. "Through engagement with our mining industry, MABC and Foresight are creating an opportunity to demonstrate the commitment of B.C.''s mining sector to environmental stewardship and best practices." "Industry Challenges are a fantastic way to energize innovation," said Jeanette Jackson , CEO of Foresight, Canada''s cleantech accelerator. "By connecting corporate leaders facing sustainability hurdles with market-ready cleantech innovators, we can accelerate Canada''s path to a green economy.

Teck Resources (NYSE:TECK) (TSE:TECK) had its target price raised by analysts at Morgan Stanley from $29.00 to $33.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an overweight rating on the basic materials companys stock. Morgan Stanleys price target points to a potential upside of 21.19% from the []

Teck Resources (NYSE:TECK) (TSE:TECK) had its price target lowered by stock analysts at Raymond James from C$45.00 to C$44.00 in a report released on Tuesday, The Fly reports. The firm presently has an outperform rating on the basic materials companys stock. Several other equities analysts have also weighed in on TECK. TheStreet upgraded shares of []

Teck Resources (NYSE:TECK) (TSE:TECK) had its price target reduced by analysts at Raymond James from C$45.00 to C$44.00 in a note issued to investors on Tuesday, The Fly reports. The firm currently has an outperform rating on the basic materials companys stock. A number of other equities analysts have also weighed in on TECK. National []

Shares of Teck Resources Ltd (TSE:TECK.B) have been given a consensus recommendation of Buy by the twenty-one ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. The average []

Teck Resources (NYSE:TECK) (TSE:TECK) had its price target decreased by BMO Capital Markets from C$56.00 to C$53.00 in a report released on Tuesday, The Fly reports. BMO Capital Markets currently has an outperform rating on the basic materials companys stock. Several other research analysts also recently commented on TECK. CIBC raised their price target on []

Teck Resources (TSE:TECK.B) had its price objective lowered by Raymond James from C$45.00 to C$44.00 in a report released on Tuesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock. A number of other research analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating []

Shares of Teck Resources Ltd (TSE:TECK.B) have earned a consensus rating of Buy from the twenty-one research firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating on the company. The []

VANCOUVER Teck Resources Ltd. says its coal sales in the fourth quarter will be lower than it had earlier estimated due to the heavy rain, flooding and mudslides in B.C. that have disrupted the railways in the province.

Teck (TECK) expects steelmaking coal production in the band of 24.5-25 million tons for 2021 as heavy rainfall hits rail line and impacts its shipments.

Wells Fargo & Company MN grew its holdings in shares of Teck Resources Limited (NYSE:TECK) (TSE:TECK) by 527.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 286,328 shares of the basic materials companys stock after purchasing an additional 240,701 shares during the quarter. []

Teck Resources Limited (NYSE:TECK) (TSE:TECK) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,160,000 shares, a growth of 20.3% from the October 31st total of 5,120,000 shares. Approximately 1.2% of the shares of the company are sold short. Based []

OTTAWA (dpa-AFX) - Teck Resources Limited (TECK, TECK_A.TO, TECK_B.TO) Monday issued an update to sales and production guidance, related to logistics disruptions caused by heavy rain, flooding and