Teck Resources Cl B shares rally 3.05%

2 articles · Updated · MarketWatch · Apr 30

The stock closed at C$79.30 on Thursday as the S&P/TSX Composite Index rose 1.94% to 33,964.33 in a broadly stronger Canadian market.
Teck Resources ended the session 8.3% below its 52-week high of C$86.48, reached on 23 April.
Trading volume reached 1.3 million shares, topping the stock's 50-day average of 1.2 million.

Teck Resources' profits are surging, but is its stock price now considered significantly overvalued?

With a massive merger pending, can Teck sustain its record performance to become a top global copper producer?