Teck Resources (TECK) has notable insider buying

Teck Resources (T:TECK)

Mayank Mulraj Ashar, a Director, acquired 6,900 Class B Subordinate Voting Shares on a direct ownership basis at prices ranging from $13.280 and $13.500 through the public market between February 27th, 2020 and February 28th, 2020. This represents a $92,090 investment into the company's shares and an account share holdings change of 10.9%.

Kenneth William Pickering, a Director, acquired 3,000 Class B Subordinate Voting Shares on a direct ownership basis at a price of $13.410 through the public market on February 28th, 2020. This represents a $40,232 investment into the company's shares and an account share holdings change of 21.7%.

Teck Resources Ltd is a Canada-based company, which engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company's segments include steelmaking coal, copper, zinc and energy. The Company is a seaborne exporter of steelmaking coal, with approximately six operations in Western Canada. It has approximately four operating mines in Canada, Chile and Peru, and copper development projects in North and South America. It produces mined zinc, with approximately three operating mines in the United States and Peru, and owns one fully integrated zinc and lead smelting and refining facilities located in Canada. It also has an interest in producing oil sands mine in Alberta, as well as oil sands development assets.