The Globe and Mail (Prairie Edition) - - MARKETS -

In­sid­ers buy as Teck Re­sources re­bounds from 52-week low

Teck Re­sources Ltd.’s (Fri­day’s close $27.52), stock tum­bled 19.5 per cent in the three days lead­ing up to the an­nounce­ment of third-quar­ter results on Oct. 25, and it went on to set a 52-week low of $23.90 on the fol­low­ing day. How­ever, the stock has since re­bounded and in­sid­ers have been buy­ing along the way, spend­ing $295,489 pick­ing up shares in the pub­lic mar­ket since Oct. 26. The big­gest buyer was se­nior vice-pres­i­dent of base met­als Dale An­dres, who ac­quired 5,000 Class B Subor­di­nate Vot­ing Shares at $24.50 on Oct. 29.

Ted Dixon is CEO of INK Re­search, which pro­vides in­sider news and knowl­edge to in­vestors. For more back­ground on in­sider re­port­ing in Canada, visit the FAQ sec­tion at inkre­search.com. Se­cu­ri­ties ref­er­enced in this pro­file may have al­ready ap­peared in re­cent re­ports dis­trib­uted to INK sub­scribers. INK staff may also hold a po­si­tion in pro­filed se­cu­ri­ties.

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