Teck Resources (TECK) Soars 15.0%: Is Further Upside Left in the Stock?

Group 1: Teck Resources Ltd (TECK) - TECK shares increased by 15% to $33.40, following a significant trading volume, contrasting with a 24.6% loss over the past four weeks [1] - The rise in TECK shares coincided with a 6.3% increase in copper futures for May delivery, reaching $4.40 per pound, after U.S. President Trump paused a reciprocal tariff package for 90 days [1] - The consensus EPS estimate for TECK's upcoming quarterly report is $0.25, reflecting a year-over-year decline of 55.4%, with expected revenues of $1.6 billion, down 45.8% from the previous year [2] Group 2: Earnings Estimates and Trends - Over the last 30 days, the consensus EPS estimate for Teck Resources has been revised 1.8% higher, indicating a potential for price appreciation [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - The correlation between earnings estimate revisions and stock price movements highlights the importance of monitoring TECK for potential future strength [3] Group 3: Piedmont Lithium Inc. (PLL) - Piedmont Lithium's consensus EPS estimate has increased by 50% over the past month to -$0.46, representing a year-over-year change of 24.6% [4] - Piedmont Lithium also holds a Zacks Rank of 3 (Hold), indicating a similar neutral outlook as TECK [4]