Teck survives Fording takeover

TECK RESOURCES LTD. $28 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 588.5 million; Market cap: $16.5 billion; Price-to-sales ratio: 1.6; SI Rating: Extra Risk) now gets about half of its revenue from metallurgical coal, which is used for making steel. That’s because… Read More

Dear Pat: Thanks for your ongoing financial help and advice. What are your thoughts on First Quantum Minerals? How do you compare it to Teck Resources as an investment? Thanks.

First Quantum Minerals, $50.16, symbol FM on Toronto (Shares outstanding: 78.2 million; Market cap: $3.9 billion), is a mining-and-metals company that is listed in Toronto and London. First Quantum owns mines in Zambia, Mauritania, Finland and the Democratic Republic of Congo. Around 85% of its… Read More