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Teck Cominco Ltd (TCK) [hlAlert]

down 84.65 %

Teck Cominco Ltd (TCK) rated Outperform with price target $60 by RBC Capital Mkts

Posted on: Tuesday,  Jun 21, 2011  8:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Teck Cominco Ltd (NYSE: TCK) on 06/21/2011, when the stock price was $44.71.
Since then, Teck Cominco Ltd has lost 84.66% as of 01/14/2016's recent price of $6.86.
If you would have followed this RBC Capital Mkts's recommendation on TCK, you would have lost 84.65% of your investment in 1668 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).

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2011 8:25 AM Buy
44.71 60.00
as of 12/30/2011
1 Week down  -0.98 %
1 Month down  -3.56 %
3 Months up  20.55 %
1 YTD down  -43.08 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2011 8:25 AM Buy
58.68 60.00
2/12/2010 8:25 AM Buy
12/3/2009 8:25 AM Hold
35.81 37.00
2/28/2008 8:25 AM Buy
2/12/2008 8:25 AM Hold
33.45 40.00

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