Teck Resources Q1 Earnings: Defying Copper Industry Weakness
Yesterday in our coverage of First Quantum Mining’s business we said it was a terrible time to be a copper producer. But maybe it was an operator issue after all.
Because Teck Resources (TSX: TECK.B) on Thursday morning posted their first quarter financial results.. And quite frankly, they seem to be doing better than ever. Yeah, revenue may have been down from the fourth quarter, but pretty well everything else is up, suggesting the operation overall is getting leaner. Which in this environment isn’t a bad thing.
Lets dive in.
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