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TECK

Teck Resources

$18.54

0.39 (2.15%)

14:22
05/07/17
05/07
14:22
05/07/17
14:22

Teck Resources unit says Mamit Lake Dam damaged

Teck Highland Valley Copper provided an update Saturday on the Mamit Lake Dam: "As a result of unusually high water levels the spillway at the Mamit Lake Dam south of Logan Lake, B.C., has been damaged. The dam is unrelated to mining and used to manage agricultural water flows and sustain fish habitat. The extent of the damage is not known as the structure is still experiencing high flows. All emergency authorities have been notified and residents and communities are being notified. In the event of a failure, there would likely be an increase in already existing flood conditions in the area downstream. The Lower Nicola Indian Band and Lower Nicola are the primary communities affected both of which are already dealing with flood conditions. The facility is owned and operated by the Lower Nicola Indian Band, and monitored and maintained under an agreement by Teck Highland Valley Copper."

TECK Teck Resources
$18.54

0.39 (2.15%)

02/16/17
DBAB
02/16/17
DOWNGRADE
Target $24
DBAB
Hold
Teck Resources downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Chris Terry downgraded Teck Resources to Hold citing valuation and his belief that most of the positive catalysts have played out. The analyst lowered his price target for the shares to $24 from $26 following Teck's Q4 results.
03/21/17
DBAB
03/21/17
UPGRADE
Target $25
DBAB
Buy
Teck Resources upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Chris Terry upgraded Teck Resources to Buy citing a more positive Industrials commodity view. Upstream mining equities "continue to make strong free cash flow with commodity price momentum," Terry tells investors in a research note. The analyst raised his price target for the shares to $25 from $24.
03/22/17
BREN
03/22/17
UPGRADE
BREN
Buy
Teck Resources upgraded to Buy from Hold at Berenberg
Berenberg analyst Fawzi Hanano upgraded Teck Resources to Buy from Hold and raised its target to C$36 from C$34.50.
04/26/17
ADAM
04/26/17
NO CHANGE
ADAM
Buy
Teck Resources weakness a buying opportunity, says Canaccord
Canaccord analyst Dalton Baretto noted Teck Resources reported a Q1 earnings miss due to lower zinc and copper sales, and related higher operating costs. The analyst said despite the weaker results the company still generated solid free cash flow and expects improvements in its EBITDA over the rest of the year. As a result, he would view any weakness in the shares as a buying opportunity. Baretto reiterated his Buy rating and C$37 price target on Teck Resources shares.

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POOL

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  • 22

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CTRP

Ctrip

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CTRP

Ctrip

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CTRP

Ctrip

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CRIS

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TCS

Container Store

$8.23

0.68 (9.01%)

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URBN

Urban Outfitters

$41.21

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