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.