teck resources

GLOBAL X COPPER MINERS ETF $25.93 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) aims to track the Solactive Global Copper Miners Index, which includes 30 global mining and exploration firms. The ETF started up in April 2010.


Canadian firms make up 30.6% of the fund’s holdings....

TECK RESOURCES LTD. $35 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares o/s: 573.5 million; Market cap: $20.1 billion; Price-to-sales ratio: 3.2; Divd. yield: 0.6%; TSINetwork Rating: Extra Risk; www.teck.com) is a major producer of metallurgical coal, a key ingredient in steelmaking, and zinc and copper.

In January 2018, an explosion at its Elkview coal mine in B.C....

TECK RESOURCES LTD. $35 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 577.7 million; Market cap: $20.2 billion; Price-to sales ratio: 1.6; Dividend yield: 0.6%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making....

A: NovaGold Resources Inc., $4.90, symbol NG on Toronto (Shares outstanding: 321.8 million; Market cap: $1.6 billion; www.novagold.com), hopes to bring into production its 50% Donlin gold project in Alaska and its 50%-held Galore Creek copper/gold project in northwestern B.C.

NovaGold’s main focus is the Donlin project....

A: Midas Gold Corp., $0.81, symbol MAX on Toronto (Shares outstanding: 186.4 million; Market cap: $141.6 million; www.midasgoldcorp.com), is focused on the exploration and, if warranted, will build an open-pit mine at its Stibnite gold project....

GLOBAL X COPPER MINERS ETF $27.76 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 global firms that mine and explore for copper. Germany-based Structured Solutions AG created the index in April 2010.

Canadian firms make up 30.6% of the ETF’s holdings....

TECK RESOURCES LTD. $29 (www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces zinc and copper. Thanks to higher prices for those commodities, the company will pay an extra dividend of $0.40 a share on December 29, 2017....

SUNCOR ENERGY INC. $46 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.7 billion; Market cap: $78.2 billion; Price-tosales ratio: 2.5; Dividend yield: 2.8%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil company, with its major projects in the Alberta oil sands....

Chevron and Suncor are close to finishing major projects that should spur their earnings—and dividends—for years to come. Both companies already hold less risk than other producers. That’s because their oil refining businesses cut their exposure to volatile crude oil prices.

CHEVRON CORP....

When you join my Inner Circle service, you get to ask me your own personal questions about stock market investments or any other financial matter. Plus, you get to see what other Inner Circle members have asked, along with our answers.

So you can get a sense of how the service works, and how it can help you make better stock market investments, I’d like to share an example of the kind of question Inner Circle members ask, along with our response....