Insider Selling: Teck Resources Limited (TSE:TECK.A) Senior Officer Sells C$1,260,650.00 in Stock

Teck Resources Limited (TSE:TECK.A) Senior Officer Harold Fraser Phillips sold 19,000 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of C$66.35, for a total transaction of C$1,260,650.00.

Teck Resources Stock Down 1.1 %

Teck Resources stock opened at C$70.96 on Monday. The company has a debt-to-equity ratio of 37.46, a current ratio of 1.48 and a quick ratio of 0.97. Teck Resources Limited has a fifty-two week low of C$44.46 and a fifty-two week high of C$74.15. The firm has a fifty day moving average price of C$64.19 and a two-hundred day moving average price of C$65.43. The firm has a market cap of C$540.72 million, a price-to-earnings ratio of 25.68 and a beta of 1.36.

Teck Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were given a dividend of $0.125 per share. The ex-dividend date was Friday, September 13th. This represents a $0.50 annualized dividend and a dividend yield of 0.70%. Teck Resources’s dividend payout ratio is presently 17.92%.

About Teck Resources

Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates.