Teck Resources Ltd Class B (Sub Voting)
TECK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| sW | LOCK|x$# | LOCK|#c&Wkdb |
Base Metals Miners: Copper Bullishness Sees Little Value on Offer as We Update our Assumed Prices
The copper price is broadly unchanged on last quarter, trading around USD 6 per pound, near historical highs. The iron ore price continues to trade in a narrow range and at around USD 100 per metric ton is also flat as Chinese imports remain strong despite falling steel production.
