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Teck Cominco Ltd (TCK) [hlAlert]

Rating:
Buy TCK
down 86.47 %

Teck Cominco Ltd (TCK) rated Buy with price target $10 by BB&T Capital Mkts

Posted on: Friday,  Oct 23, 2015  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Teck Cominco Ltd (NYSE: TCK) on 10/23/2015. Previously BB&T Capital Mkts rated Buy Teck Cominco Ltd (NYSE: TCK)
on 08/01/2011., when the stock price was $50.73. Since then, Teck Cominco Ltd has lost 86.48% as of 01/14/2016's recent price of $6.86.
If you would have followed the previous BB&T Capital Mkts's recommendation on TCK, you would have lost 86.47% of your investment in 1627 days.

Teck Resources Limited, formerly Teck Cominco Limited, is engaged in the exploration for and development and production of natural resources. The Company?s principal products are copper, metallurgical coal, zinc and gold. Lead, molybdenum, various specialty and other metals, chemicals and fertilizers are by-products produced at its operations. It also sells electrical power that is surplus to its requirements at the Trail metallurgical operations. In February 2009, the Company announced the sale of its 50% interest in the Hemlo Operations, located in northwestern Ontario. In February 2009, it also announced the sale of its 50% interest in the Williams and David Bell mines in Ontario. In November 2009, Gleichen Resources Ltd. completed the acquisition of a 78.8% interest in the Morelos Gold Project from Teck Resources Limited through the acquisition of Oroteck Mexico S.A. C.V. from Teck subsidiaries, Teck Metals Ltd. and Teck Exploration Ltd. (collectively Teck).

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2015 10:25 AM Buy
None
6.86 10.00
as of 8/27/2015
1 Week up  5.37 %
1 Month down  -38.75 %
3 Months down  -50.85 %
1 YTD down  -73.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2011 10:25 AM Buy
None
50.73
4/13/2011 10:25 AM Hold
None
53.82

(*) Stock Price at the time of the recommendation.
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