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TECK May 2024 50.000 call

OPR - OPR Delayed price. Currency in USD
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3.5900+0.7900 (+28.21%)
At close: 03:21PM EDT
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Previous close2.8000
Open3.5900
Bid1.9300
Ask6.0000
Strike50.00
Expiry date2024-05-31
Day's range3.5900 - 3.5900
Contract rangeN/A
Volume10
Open interest26
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  • Reuters

    UPDATE 1-Teck Resources sees $3 bln in annual EBITDA if copper stays around current levels

    Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of $3 billion if copper prices hit $5 per pound, CEO Jonathan Price said on Tuesday. For Vancouver, Canada-based Teck, copper is the main driver of profitability after it sold its steel-making coal business to a consortium of buyers led by Swiss miner Glencore for $8.9 billion last year. Price, speaking at the Bank of America Metals, Mining and Steels conference in Miami, gave a range of predictions for Teck's annual EBITDA at different copper prices, the lowest being $2 billion if copper trades at $4 per pound.

  • Reuters

    Teck Resources sees $3 billion in annual EBITDA if copper stays around current levels

    (Reuters) -Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of $3 billion if copper prices hit $5 per pound, CEO Jonathan Price said on Tuesday. For Vancouver, Canada-based Teck, copper is the main driver of profitability after it sold its steel-making coal business to a consortium of buyers led by Swiss miner Glencore for $8.9 billion last year. Price, speaking at the Bank of America Metals, Mining and Steels conference in Miami, gave a range of predictions for Teck's annual EBITDA at different copper prices, the lowest being $2 billion if copper trades at $4 per pound.