5 Best Mining Stocks Hedge Funds Are Buying

2. Teck Resources Limited (NYSE:TECK)

Number of Hedge Fund Investors In Q1 2023: 66

Teck Resources Limited (NYSE:TECK) is a Canadian coal, lead, silver, zinc, and copper producer. It is one of the most highly rated stocks on our list, with 15 of the 19 analysts covering it setting a rating of Buy or better.

66 of the 943 hedge funds part of Insider Monkey’s Q1 2023 database had bought the firm’s shares. Eric W. Mandelblatt’s Soroban Capital Partners is Teck Resources Limited (NYSE:TECK)’s largest investor, owning a stake worth $404 million.

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