U.S. Markets closed

Teck Resources in 2017: From Stake Sale to Share Buyback

Mark O'Hara
Teck Resources in 2017: From Stake Sale to Share Buyback

Teck Resources’ 2018 Outlook: Can the Uptrend Continue? As we saw in the previous part of this series, Teck Resources’ (TECK) 2017 price action lagged the broader metals and mining space for most of 2017. Although the stock managed to rise 23.9% in 2017 due to the so-called Santa Claus rally in December 2017, it was a lackluster year overall for the company considering the sharp gains in some of the other mining companies.