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

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$1.25 -0.02 (-1.57 %)
(As of 05/22/2019 07:36 AM ET)
Previous Close$1.27
Today's Range$1.25 - $1.29
52-Week Range$1.23 - $2.97
Volume9.53 million shs
Average Volume5.99 million shs
Market Capitalization$2.52 billion
P/E Ratio5.57
Dividend YieldN/A
Beta0.83
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 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. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.

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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$0.3019 per share
Book Value$4.23 per share

Profitability

Net Income$411.20 million

Miscellaneous

Employees2,674
Outstanding Shares2,012,314,000
Market Cap$2.52 billion
Next Earnings Date7/30/2019 (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) announced its quarterly earnings results on Wednesday, May, 15th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The basic materials company had revenue of $353 million for the quarter, compared to the consensus estimate of $295.94 million. Turquoise Hill Resources had a net margin of 33.93% and a return on equity of 5.21%. The business's quarterly revenue was up 43.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 EPS. 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, July 30th 2019. View Earnings Estimates for Turquoise Hill Resources.

What price target have analysts set for TRQ?

1 analysts have issued 1 year price targets for Turquoise Hill Resources' shares. Their forecasts range from $3.30 to $3.30. On average, they expect Turquoise Hill Resources' share price to reach $3.30 in the next year. This suggests a possible upside of 164.0% from the stock's current price. View Analyst Price Targets 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Turquoise Hill Resources.

Has Turquoise Hill Resources been receiving favorable news coverage?

Press coverage about TRQ stock has been trending somewhat positive this week, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned press 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 effect on the company's share price in the next several days.

Are investors shorting Turquoise Hill Resources?

Turquoise Hill Resources saw a increase in short interest in April. As of April 30th, there was short interest totalling 18,692,469 shares, an increase of 19.5% from the April 15th total of 15,641,671 shares. Based on an average daily volume of 4,884,545 shares, the short-interest ratio is currently 3.8 days. View Turquoise Hill Resources' Current Options Chain.

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 Stillwater Mining (SWC), Imax (IMAX), Integrated Device Technology (IDTI), Skyworks Solutions (SWKS), CA (CA), Barrick Gold (GOLD), InvenSense (INVN), BlackRock (BLK), Rio Tinto (RIO) and Advanced Micro Devices (AMD).

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.
  • Ed Jack, Head of Investor Relations
  • Mr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec.

Who are Turquoise Hill Resources' major shareholders?

Turquoise Hill Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Pentwater Capital Management LP (9.34%), Key Group Holdings Cayman LTD. (0.93%), Dalton Investments LLC (0.69%), Morgan Stanley (0.25%), Marshall Wace LLP (0.20%) and Parametric Portfolio Associates LLC (0.19%).

Which major investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Key Group Holdings Cayman LTD., Connor Clark & Lunn Investment Management Ltd., State of Wisconsin Investment Board, The Manufacturers Life Insurance Company , BlackRock Inc., TD Asset Management Inc. and AQR Capital Management LLC.

Which major investors are buying Turquoise Hill Resources stock?

TRQ stock was acquired by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, Marshall Wace LLP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Parametric Portfolio Associates LLC, Morgan Stanley, SEI Investments Co, Marshall Wace North America L.P. and Goldman Sachs Group Inc..

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 $1.25.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $2.52 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:  188 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  533
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 5/22/2019 by MarketBeat.com Staff

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