Why Teck Resources Stock Is Sizzling Today
While most metals and mining stocks are regaining ground today after Monday's market crash, Teck Resources (NYSE: TECK) is absolutely crushing it, trading 7.9% higher as of 11 a.m. EDT after popping 10% in early-morning trading.
There's a lot brewing at Teck that's caught investor attention.
Teck Resources is primarily a coal company, but coal's bleak future as economies across the globe transition from fossil fuels to clean energy has compelled Teck to look at other base metals for growth.
Source Fool.com
