Teck Resources (TECK) has notable insider buying
Teck Resources (T:TECK)
Colin Joudrie, a Senior Officer, acquired 5,000 Class B Subordinate Voting Shares on a direct ownership basis at a price of $10.505 through the public market on March 12th, 2020. This represents a $52,525 investment into the company's shares and an account share holdings change of 61.0%.
Douglas Powrie, a Senior Officer, acquired 10,000 Class B Subordinate Voting Shares on a direct ownership basis at a price of $11.650 through the public market on March 11th, 2020. This represents a $116,500 investment into the company's shares and an account share holdings change of greater than 100%.
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.