TECK Stock Forecast – Teck Resources Price Target & Outlook
Buying Teck Resources stock offers a route to diversified exposure to the mining sector. The Vancouver, Canada-based miner has, over its 100 years of operations, become a market leader in the extraction and processing of copper, coal, zinc and gold. It’s a well-run and large-scale miner that has got fully on board with the shift towards ‘sustainable’ mining, but it still has enough of a pipeline of resources to benefit from a possible surge in mineral prices.
If a commodity super-cycle, or anything even half resembling one, comes about, then TECK shareholders will be well positioned to benefit. Is Teck Resources a good stock to buy? This stock forecast will apply technical analysis and fundamental analysis to outline the…