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Canada's Teck Resources beats second-quarter profit estimates
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Canada's Teck Resources beats second-quarter profit estimates
Jul 23, 2024 11:02 PM

(In paragraph two, corrects adjusted profit to C$0.80 per share

from C$80 per share. Also corrects analysts' estimate to C$0.73

per share from C$73 per share.)

July 24 (Reuters) - Canadian miner Teck Resources ( TECK )

beat second-quarter profit estimates on Wednesday,

helped by higher production of copper at its Quebrada Blanca

mine in Chile, as well as higher copper prices and steelmaking

coal sales.

The company reported an adjusted profit of C$0.80 per share

for the quarter ended June 30, compared with analysts' average

estimate of C$0.73 per share, according to LSEG data.

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