NYSE:TRQ - Turquoise Hill Resources Stock Price, News, & Analysis

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$1.66 +0.01 (+0.61 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$1.65
Today's Range$1.63 - $1.69
52-Week Range$1.43 - $3.27
Volume2.18 million shs
Average Volume6.25 million shs
Market Capitalization$3.34 billion
P/E Ratio7.86
Dividend YieldN/A
Beta0.89
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, silver, and molybdenum deposits. It primarily develops and operates the Oyu Tolgoi mine located in the southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was founded in 1994 and is headquartered in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Metal mining
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone604-688-5755

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.18 billion
Cash Flow$0.3114 per share
Book Value$4.18 per share

Profitability

Net Income$411.20 million

Miscellaneous

Employees2,674
Outstanding Shares2,012,314,000
Market Cap$3.34 billion
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions

What is Turquoise Hill Resources' stock symbol?

Turquoise Hill Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRQ."

How were Turquoise Hill Resources' earnings last quarter?

Turquoise Hill Resources Ltd (NYSE:TRQ) issued its quarterly earnings data on Thursday, March, 14th. The basic materials company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The basic materials company earned $346.20 million during the quarter, compared to the consensus estimate of $318.72 million. Turquoise Hill Resources had a net margin of 34.84% and a return on equity of 4.97%. The company's revenue was up 37.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.03 earnings per share. View Turquoise Hill Resources' Earnings History.

When is Turquoise Hill Resources' next earnings date?

Turquoise Hill Resources is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Turquoise Hill Resources.

What is the consensus analysts' recommendation for Turquoise Hill Resources?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turquoise Hill Resources.

Has Turquoise Hill Resources been receiving favorable news coverage?

News headlines about TRQ stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Turquoise Hill Resources' key competitors?

What other stocks do shareholders of Turquoise Hill Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Turquoise Hill Resources investors own include CA (CA), BlackRock (BLK), Stillwater Mining (SWC), Micron Technology (MU), Freeport-McMoRan (FCX), Barrick Gold (GOLD), Advanced Micro Devices (AMD), Endologix (ELGX), Cronos Group (CRON) and Chipotle Mexican Grill (CMG).

Who are Turquoise Hill Resources' key executives?

Turquoise Hill Resources' management team includes the folowing people:
  • Mr. Ulf Quellmann, CEO & Director (Age 53)
  • Mr. Luke Colton, Chief Financial Officer
  • Mr. Brendan Lane, VP of Operations & Devel.
  • Mr. Tony Shaffer, Head of Investor Relations & Corp. Communications
  • Mr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec.

Who are Turquoise Hill Resources' major shareholders?

Turquoise Hill Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SailingStone Capital Partners LLC (13.08%), Temasek Holdings Private Ltd (2.53%), Kopernik Global Investors LLC (1.70%), Anchor Bolt Capital LP (0.65%), Norges Bank (0.39%) and Eaton Vance Management (0.34%).

Which major investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Temasek Holdings Private Ltd, SailingStone Capital Partners LLC, Millennium Management LLC, Anchor Bolt Capital LP, Bank of America Corp DE, PM CAPITAL Ltd, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Mackenzie Financial Corp.

Which major investors are buying Turquoise Hill Resources stock?

TRQ stock was bought by a variety of institutional investors in the last quarter, including Kopernik Global Investors LLC, Norges Bank, Eaton Vance Management, Nordea Investment Management AB, Aviva PLC, Legal & General Group Plc, Mirae Asset Global Investments Co. Ltd. and Ramsey Quantitative Systems.

How do I buy shares of Turquoise Hill Resources?

Shares of TRQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Turquoise Hill Resources' stock price today?

One share of TRQ stock can currently be purchased for approximately $1.66.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $3.34 billion and generates $1.18 billion in revenue each year. Turquoise Hill Resources employs 2,674 workers across the globe.

What is Turquoise Hill Resources' official website?

The official website for Turquoise Hill Resources is http://www.turquoisehill.com.

How can I contact Turquoise Hill Resources?

Turquoise Hill Resources' mailing address is Suite 354 - 200 Granville Street, Vancouver A1, V6C 1S4. The basic materials company can be reached via phone at 604-688-5755 or via email at [email protected]


MarketBeat Community Rating for Turquoise Hill Resources (NYSE TRQ)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  498
MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources and other stocks. Vote "Outperform" if you believe TRQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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