NYSE:TRQTurquoise Hill Resources Stock Price, Forecast & News

Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRQ stock has increased by 81.5% and is now trading at $0.83. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Turquoise Hill Resources.

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Turquoise Hill Resources.

Turquoise Hill Resources Ltd (NYSE:TRQ) released its quarterly earnings results on Wednesday, May, 13th. The basic materials company reported $0.03 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.04. The basic materials company had revenue of $130.66 million for the quarter. Turquoise Hill Resources had a negative net margin of 21.85% and a positive return on equity of 4.96%. View Turquoise Hill Resources' earnings history.

5 equities research analysts have issued 12 month price targets for Turquoise Hill Resources' stock. Their forecasts range from $0.85 to $2.00. On average, they expect Turquoise Hill Resources' share price to reach $1.62 in the next twelve months. This suggests a possible upside of 94.8% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Headlines about TRQ stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Turquoise Hill Resources earned a news impact score of 1.3 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Turquoise Hill Resources.

Turquoise Hill Resources saw a increase in short interest in June. As of June 30th, there was short interest totaling 17,710,000 shares, an increase of 6.3% from the June 15th total of 16,660,000 shares. Based on an average daily volume of 2,080,000 shares, the short-interest ratio is presently 8.5 days. Approximately 1.8% of the shares of the stock are short sold. View Turquoise Hill Resources' Current Options Chain.

Some companies that are related to Turquoise Hill Resources include IMPALA PLATINUM/S (IMPUY), Lundin Mining (LUNMF), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Compania de Minas Buenaventura SAA (BVN), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Hudbay Minerals (HBM), North American Palladium (PALDF), Nexa Resources (NEXA), Lithium Americas (LAC), Jaguar Mining (JAGGF), Rubicon Minerals (RBYCF), Fission Uranium (FCUUF) and Amerigo Resources (ARREF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Turquoise Hill Resources investors own include Stillwater Mining (SWC), Imax (IMAX), Integrated Device Technology (IDTI), Skyworks Solutions (SWKS), Kinross Gold (KGC), Advanced Micro Devices (AMD), Bombardier, Inc. Class B (BBD.B), Encana (ECA), First Majestic Silver (AG) and Bank of America (BAC).

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

Turquoise Hill Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Exane Derivatives (0.00%).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of TRQ stock can currently be purchased for approximately $0.83.

Turquoise Hill Resources has a market capitalization of $1.67 billion and generates $1.17 billion in revenue each year. Turquoise Hill Resources employs 2,854 workers across the globe.

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

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]