Teck Resources (OTCMKTS:TCKRF) Share Price Passes Above 50 Day Moving Average – What’s Next?

Teck Resources Limited (OTCMKTS:TCKRF)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $50.36 and traded as high as $57.30. Teck Resources shares last traded at $57.30, with a volume of 300 shares changing hands.

Teck Resources Trading Up 1.8%

The company has a fifty day moving average of $50.36 and a two-hundred day moving average of $43.53.

About Teck Resources

Teck Resources Limited (OTCMKTS:TCKRF) is a diversified natural resources company headquartered in Vancouver, Canada. Established in the early 20th century as the Consolidated Mining and Smelting Company of Canada, it has evolved into one of North America’s leading producers of copper, metallurgical coal, zinc, and energy. Teck’s vertically integrated operations span the full spectrum of mineral and metal production, from exploration and development through to mining, processing, and marketing.

Teck’s principal business activities include the extraction and processing of copper, a critical metal for electrification and renewable energy systems, as well as metallurgical coal used in steelmaking.