Teck Resources Ltd. is one of the biggie copper producers and well-positioned for future demand, but it may not be the best 'investment prospect' from both fundamental & technical perspectives. Teck is a higher-priced producer with a relatively safe dividend, but it is currently over-valued ($49.43 vs. $44.03) with declining sales, earnings, margins, as well as negative growth prospects for the coming year. However, there is another up & coming copper producer, Imperial Metals Corporation (III), that could offer a better investment return. Imperial Metals is currently under-valued ($3.82 vs. $5.26) with one of the better price, sales, and earnings performances, as well as future growth prospects. Bigger is not always better, and Imperial looks like royalty on the fundamental & technical charts, so probably better from an investment perspective. Take care and enjoy the journey!
Hi Michael, I like Imperial Metals and agree, it's got solid Fundamentals. Thanks for pointing it out. For the purposes of candidates for my Newsletter, I am a rigorous with my Technical screening and am looking for a very particular chart pattern. Also, my process requires certain average daily volume parameters and then I do my best to find dual listed companies for some of my U.S. readers. Thanks for taking an interest in my post and thanks you again for pointing out Imperial - I will keep an eye on it. All the best.
Teck Resources Ltd. is one of the biggie copper producers and well-positioned for future demand, but it may not be the best 'investment prospect' from both fundamental & technical perspectives. Teck is a higher-priced producer with a relatively safe dividend, but it is currently over-valued ($49.43 vs. $44.03) with declining sales, earnings, margins, as well as negative growth prospects for the coming year. However, there is another up & coming copper producer, Imperial Metals Corporation (III), that could offer a better investment return. Imperial Metals is currently under-valued ($3.82 vs. $5.26) with one of the better price, sales, and earnings performances, as well as future growth prospects. Bigger is not always better, and Imperial looks like royalty on the fundamental & technical charts, so probably better from an investment perspective. Take care and enjoy the journey!
Hi Michael, I like Imperial Metals and agree, it's got solid Fundamentals. Thanks for pointing it out. For the purposes of candidates for my Newsletter, I am a rigorous with my Technical screening and am looking for a very particular chart pattern. Also, my process requires certain average daily volume parameters and then I do my best to find dual listed companies for some of my U.S. readers. Thanks for taking an interest in my post and thanks you again for pointing out Imperial - I will keep an eye on it. All the best.