Trading up on strong volume: Teck Resources Ltd. ($TCK)Teck Resources Ltd. ($TCK) is trading up on higher than normal volume today. Teck Resources Ltd. is up 3.83% at $20.84 on a volume of 2,773,440 shares. That’s already 1.10 times the normal daily volume of 2,876,383 shares, putting Teck on track to trade double the average daily volume.
Shares have traded down with other peers in the basic materials sector this year, returning a (45%) loss this year. Shares are trading below both the 50 and 200 day moving averages.
Teck Resources Ltd. Teck Resources Ltd is a resource company. It mainly conducts exploration, development, and production of natural resources. Its main products are steelmaking coal, copper, zinc and lead.