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DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NYSE:TRQ

Turquoise Hill Resources Stock Forecast, Price & News

$11.25
-0.36 (-3.10 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$11.11
Now: $11.25
$11.43
50-Day Range
$10.66
MA: $12.34
$14.48
52-Week Range
$3.01
Now: $11.25
$14.62
Volume1.00 million shs
Average Volume1.19 million shs
Market Capitalization$2.26 billion
P/E Ratio5.80
Dividend YieldN/A
Beta2.12
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It primarily develops and operates the Oyu Tolgoi copper-gold mine located in 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 Montreal, Canada. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.
Turquoise Hill Resources logo

MarketRank

Overall MarketRank

1.38 out of 5 stars

Basic Materials Sector

189th out of 809 stocks

Metal Mining Industry

17th out of 88 stocks

Analyst Opinion: 3.3Community Rank: 1.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Metal mining
Sub-IndustryN/A
CUSIPN/A
Phone514-848-1567
Employees2,854

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.17 billion
Cash Flow$2.96 per share
Book Value$39.41 per share

Profitability

Net Income$-150,460,000.00

Miscellaneous

Market Cap$2.26 billion
Next Earnings Date3/19/2021 (Estimated)
OptionableOptionable
$11.25
-0.36 (-3.10 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions

How has Turquoise Hill Resources' stock price been impacted by COVID-19?

Turquoise Hill Resources' stock was trading at $4.5720 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRQ shares have increased by 146.1% and is now trading at $11.25.
View which stocks have been most impacted by COVID-19
.

Is Turquoise Hill Resources a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Turquoise Hill Resources stock.
View analyst ratings for Turquoise Hill Resources
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Turquoise Hill Resources?

Wall Street analysts have given Turquoise Hill Resources a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Turquoise Hill Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Turquoise Hill Resources' CEO?

6,978 employees have rated Turquoise Hill Resources CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Turquoise Hill Resources' employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Turquoise Hill Resources' next earnings date?

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Friday, March 19th 2021.
View our earnings forecast for Turquoise Hill Resources
.

How were Turquoise Hill Resources' earnings last quarter?

Turquoise Hill Resources Ltd. (NYSE:TRQ) released its quarterly earnings results on Wednesday, November, 18th. The basic materials company reported $0.64 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.99 by $0.35. The basic materials company earned $264.52 million during the quarter. Turquoise Hill Resources had a net margin of 42.70% and a return on equity of 4.76%.
View Turquoise Hill Resources' earnings history
.

When did Turquoise Hill Resources' stock split? How did Turquoise Hill Resources' stock split work?

Turquoise Hill Resources shares reverse split on the morning of Monday, October 26th 2020. The 1-10 reverse split was announced on Thursday, October 1st 2020. The number of shares owned by shareholders was adjusted after the market closes on Friday, October 23rd 2020. An investor that had 100 shares of Turquoise Hill Resources stock prior to the reverse split would have 10 shares after the split.

What price target have analysts set for TRQ?

6 brokerages have issued 12-month target prices for Turquoise Hill Resources' stock. Their forecasts range from $8.50 to $27.00. On average, they expect Turquoise Hill Resources' stock price to reach $17.10 in the next twelve months. This suggests a possible upside of 52.0% from the stock's current price.
View analysts' price targets for Turquoise Hill Resources
or view Wall Street analyst' top-rated stocks.

Are investors shorting Turquoise Hill Resources?

Turquoise Hill Resources saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 979,400 shares, a decrease of 24.7% from the December 15th total of 1,300,000 shares. Based on an average daily trading volume, of 480,300 shares, the short-interest ratio is currently 2.0 days. Currently, 1.0% of the company's stock are short sold.
View Turquoise Hill Resources' Short Interest
.

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 555025 (SWC), IMAX (IMAX), Integrated Device Technology (IDTI), Kinross Gold (KGC), Skyworks Solutions (SWKS), (SAND), Advanced Micro Devices (AMD), Bombardier, Inc. Class B (BBD.B), First Majestic Silver (AG) and Yamana Gold (AUY).

Who are Turquoise Hill Resources' key executives?

Turquoise Hill Resources' management team includes the following people:
  • Mr. Ulf Quellmann, CEO & Non-Independent Director (Age 54)
  • Mr. Luke Colton, Chief Financial Officer
  • Ms. Jo-Anne Dudley, Chief Operating Officer
  • Mr. Roy McDowall, Head of Investor Relations & Corp. Communications
  • Mr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec.

What is Turquoise Hill Resources' stock symbol?

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

Who are Turquoise Hill Resources' major shareholders?

Turquoise Hill Resources' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Nwam LLC (0.01%).

Which major investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Nwam LLC.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Turquoise Hill Resources' stock price today?

One share of TRQ stock can currently be purchased for approximately $11.25.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $2.26 billion and generates $1.17 billion in revenue each year. Turquoise Hill Resources employs 2,854 workers across the globe.

What is Turquoise Hill Resources' official website?

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

How can I contact Turquoise Hill Resources?

Turquoise Hill Resources' mailing address is 1 PLACE VILLE-MARIE SUITE 3680, MONTREAL A8, H3B 3P2. The basic materials company can be reached via phone at 514-848-1567 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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