* Q4 EPS C$0.70 vs loss of C$1.28
* Analysts expected Q4 EPS of C$0.65
* Q4 revenue C$2.2 billion
VANCOUVER, Feb 8 (Reuters) - Teck Resources TCKb.TO said on Monday it posted a profit of C$411 million ($384 million) in the fourth quarter of 2009, rebounding from a year-before loss due mainly to stronger base metal prices.
Teck, Canada’s largest base metals miner, earned 70 Canadian cents a share in the quarter ended Dec. 31.
That compared with a loss of C$607 million, or C$1.28 a share in the fourth-quarter of 2008, when the company’s results were sideswiped by more than C$1 billion of writedowns and negative pricing adjustments.
Analysts polled by Thomson Reuters I/B/E/S had expected, on average, a profit of 65 Canadian cents a share.
Fourth-quarter revenue rose to C$2.2 billion from C$1.6 billion on the back of higher copper and zinc prices.
Teck’s shares ended 30 Canadian cents firmer at C$34.50 on the Toronto Stock Exchange on Monday. The results were released after the market had closed.
In addition to being a major miner of zinc and copper, Teck also became a top producer of coal used in the steelmaking process when it acquired Fording Canadian Coal Trust in 2008.
Teck also holds a 20 percent stake in the Fort Hills oil sands project. Its partners on Fort hills are Suncor Energy (SU.TO) and UTS Energy UTS.TO.
$1=$1.07 Canadian Reporting by Nicole Mordant and Cameron French; editing by Rob Wilson