BUZZ-Teck Resources Ltd: Stock down after Teck, Antofagasta deny merger talks

Tue Mar 31, 2015 9:49am EDT
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** Miner's U.S-listed shares down 8 pct at $14.08, making it one of the top percentage losers on NYSE

** Teck's Toronto-listed stock also down 8 pct at C$17.89 and the third most active on the TSX

** Company and Antofagasta Plc deny they were in talks about a merger

** Teck closed up 11 pct on Monday after Bloomberg reported the two mining companies were in early stage talks

** Including Monday's gains, Teck's U.S.-listed shares has risen 12 pct this year