Turquoise Hill Resources Ltd Company Profile (NYSE:TRQ)

About Turquoise Hill Resources Ltd (NYSE:TRQ)

Turquoise Hill Resources Ltd logoTurquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company's principal material mineral resource property. The Company's Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes). The Company's Oyu Tolgoi mine is located approximately 550 kilometers south of Ulaanbaatar, Mongolia's capital city, and 80 kilometers north of the Mongolia-China border. The Company's Mineralization on the property consists of porphyry-style copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) of deposits throughout this trend. They include, from south to north, the Heruga Deposit, the Oyut deposit and the Hugo Dummett deposits (Hugo South, Hugo North and Hugo North Extension).

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: N/A
  • Symbol: NYSE:TRQ
  • CUSIP: N/A
  • Web: www.turquoisehill.com
Capitalization:
  • Market Cap: $5.55 billion
  • Outstanding Shares: 2,012,314,000
Average Prices:
  • 50 Day Moving Avg: $2.77
  • 200 Day Moving Avg: $3.21
  • 52 Week Range: $2.52 - $3.80
P/E:
  • Trailing P/E Ratio: 29.00
  • Foreward P/E Ratio: -138.00
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.2 billion
  • Price / Sales: 4.63
  • Book Value: $4.34 per share
  • Price / Book: 0.64
Profitability:
  • EBIDTA: $388.18 million
  • Net Margins: 21.61%
  • Return on Equity: 3.78%
  • Return on Assets: 2.87%
Debt:
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 7.88%
  • Quick Ratio: 7.14%
Misc:
  • Average Volume: 3.68 million shs.
  • Beta: 0.74
  • Short Ratio: 3.85
 

Frequently Asked Questions for Turquoise Hill Resources Ltd (NYSE:TRQ)

What is Turquoise Hill Resources Ltd's stock symbol?

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

How were Turquoise Hill Resources Ltd's earnings last quarter?

Turquoise Hill Resources Ltd (NYSE:TRQ) announced its quarterly earnings results on Monday, May, 15th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.03. The firm earned $237.50 million during the quarter, compared to the consensus estimate of $233.49 million. Turquoise Hill Resources Ltd had a return on equity of 3.78% and a net margin of 21.61%. The firm's quarterly revenue was down 43.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 EPS. View Turquoise Hill Resources Ltd's Earnings History.

Where is Turquoise Hill Resources Ltd's stock going? Where will Turquoise Hill Resources Ltd's stock price be in 2017?

5 equities research analysts have issued 12-month target prices for Turquoise Hill Resources Ltd's shares. Their forecasts range from $4.00 to $5.50. On average, they anticipate Turquoise Hill Resources Ltd's stock price to reach $4.90 in the next twelve months. View Analyst Ratings for Turquoise Hill Resources Ltd.

Are investors shorting Turquoise Hill Resources Ltd?

Turquoise Hill Resources Ltd saw a drop in short interest during the month of May. As of May 15th, there was short interest totalling 9,616,953 shares, a drop of 40.1% from the April 28th total of 16,057,188 shares. Based on an average trading volume of 2,978,056 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.0% of the shares of the company are short sold.

Who are some of Turquoise Hill Resources Ltd's key competitors?

Who owns Turquoise Hill Resources Ltd stock?

Turquoise Hill Resources Ltd's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Pentwater Capital Management LP (4.60%), Vanguard Group Inc. (0.93%), Kopernik Global Investors LLC (0.48%), Canada Pension Plan Investment Board (0.40%), Schroder Investment Management Group (0.31%) and Mackenzie Financial Corp (0.27%). View Institutional Ownership Trends for Turquoise Hill Resources Ltd.

Who sold Turquoise Hill Resources Ltd stock? Who is selling Turquoise Hill Resources Ltd stock?

Turquoise Hill Resources Ltd's stock was sold by a variety of institutional investors in the last quarter, including Kopernik Global Investors LLC, Swiss National Bank, Schroder Investment Management Group, Morgan Stanley, Goldman Sachs Group Inc., O Shaughnessy Asset Management LLC, UBS Group AG and Renaissance Technologies LLC. View Insider Buying and Selling for Turquoise Hill Resources Ltd.

Who bought Turquoise Hill Resources Ltd stock? Who is buying Turquoise Hill Resources Ltd stock?

Turquoise Hill Resources Ltd's stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, CIBC World Markets Inc., Vanguard Group Inc., Legal & General Group Plc, BW Gestao de Investimentos Ltda., Parametric Portfolio Associates LLC, Quantitative Systematic Strategies LLC and Westpac Banking Corp. View Insider Buying and Selling for Turquoise Hill Resources Ltd.

How do I buy Turquoise Hill Resources Ltd stock?

Shares of Turquoise Hill Resources Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Turquoise Hill Resources Ltd stock cost?

One share of Turquoise Hill Resources Ltd stock can currently be purchased for approximately $2.76.

Analyst Ratings

Consensus Ratings for Turquoise Hill Resources Ltd (NYSE:TRQ) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $4.90 (77.54% upside)

Analysts' Ratings History for Turquoise Hill Resources Ltd (NYSE:TRQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Royal Bank of CanadaReiterated RatingHold$4.00LowView Rating Details
4/18/2017Credit Suisse Group AGReiterated RatingNeutralMediumView Rating Details
11/14/2016Canaccord GenuityUpgradeHold -> BuyN/AView Rating Details
11/8/2016ScotiabankReiterated RatingSector Perform$5.50N/AView Rating Details
11/6/2016TD SecuritiesReiterated RatingBuy$5.50N/AView Rating Details
4/24/2016CIBCReiterated RatingSector Perform$4.50N/AView Rating Details
11/9/2015MacquarieUpgradeNeutral -> OutperformN/AView Rating Details
7/2/2015BMO Capital MarketsReiterated RatingOutperform$6.50N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Turquoise Hill Resources Ltd (NYSE:TRQ)
Earnings by Quarter for Turquoise Hill Resources Ltd (NYSE:TRQ)
Earnings History by Quarter for Turquoise Hill Resources Ltd (NYSE:TRQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/15/20173/31/2017($0.01)$0.02$233.49 million$237.50 millionViewN/AView Earnings Details
3/27/201712/31/2016($0.01)$0.05$215.65 million$224.60 millionViewN/AView Earnings Details
11/3/2016Q316($0.03)($0.02)$221.19 million$226.30 millionViewN/AView Earnings Details
5/5/2016Q116$0.01$0.06$388.14 million$422.70 millionViewN/AView Earnings Details
3/17/2016Q415$0.02$0.10$425.01 million$355.60 millionViewN/AView Earnings Details
11/5/2015Q315$0.02$0.01$522.85 million$431.70 millionViewN/AView Earnings Details
8/5/2015Q215$0.04$0.02$412.72 million$421.30 millionViewN/AView Earnings Details
5/11/2015Q115$0.01$0.03$113.90 million$426.00 millionViewN/AView Earnings Details
3/24/2015Q414$0.07$0.06$613.00 million$634.10 millionViewN/AView Earnings Details
11/10/2014Q314$0.03($0.02)$604.00 million$466.00 millionViewN/AView Earnings Details
5/12/2014Q1($0.02)($0.03)$523.00 million$113.14 millionViewN/AView Earnings Details
3/26/2014($0.07)$0.10$135.85 millionViewN/AView Earnings Details
11/11/2013Q3($0.03)($0.09)$233.06 millionViewListenView Earnings Details
3/26/2013($0.06)($0.17)$79.00 million$41.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Turquoise Hill Resources Ltd (NYSE:TRQ)
Current Year EPS Consensus Estimate: $-0.01 EPS
Next Year EPS Consensus Estimate: $-0.02 EPS

Dividends

Dividend History for Turquoise Hill Resources Ltd (NYSE:TRQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Turquoise Hill Resources Ltd (NYSE:TRQ)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Turquoise Hill Resources Ltd (NYSE:TRQ)
Latest Headlines for Turquoise Hill Resources Ltd (NYSE:TRQ)
Source:
DateHeadline
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Sees Significant Drop in Short Interest
www.americanbankingnews.com - May 25 at 6:36 PM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Rating Reiterated by Royal Bank of Canada
www.americanbankingnews.com - May 25 at 4:18 PM
finanznachrichten.de logoTraders News Source: Turquoise Hill Financials, Copper Prices, and Analysts Target Price
www.finanznachrichten.de - May 22 at 7:17 PM
finance.yahoo.com logoTurquoise Hill Financials, Copper Prices, and Analysts Target Price
finance.yahoo.com - May 22 at 8:28 AM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Releases Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 16 at 10:54 AM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 15 at 11:56 AM
finance.yahoo.com logoTurquoise Hill announces results of voting for directors
finance.yahoo.com - May 15 at 8:49 AM
americanbankingnews.com logoTurquoise Hill Resources (TRQ) Earning Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - May 2 at 5:42 PM
seekingalpha.com logoTurquoise Vs. Nevsun
seekingalpha.com - May 1 at 10:46 AM
americanbankingnews.com logoTurquoise Hill Resources (TRQ) Earns Daily Media Impact Score of 0.31
www.americanbankingnews.com - April 28 at 3:26 PM
americanbankingnews.com logoTurquoise Hill Resources (TRQ) Earning Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 25 at 4:36 PM
americanbankingnews.com logoTurquoise Hill Resources (TRQ) Receiving Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 21 at 9:42 PM
americanbankingnews.com logoTurquoise Hill Resources' (TRQ) Hold Rating Reaffirmed at Royal Bank of Canada
www.americanbankingnews.com - April 19 at 6:52 PM
americanbankingnews.com logoFavorable Media Coverage Somewhat Likely to Affect Turquoise Hill Resources (TRQ) Stock Price
www.americanbankingnews.com - April 18 at 2:40 PM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 18 at 2:10 PM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Stock Rating Reaffirmed by Credit Suisse Group AG
www.americanbankingnews.com - April 18 at 12:36 PM
finance.yahoo.com logoBracing for Freeport’s 1Q17 Results: The Fear of a Third Consecutive Miss
finance.yahoo.com - April 18 at 8:42 AM
nasdaq.com logoShares of TRQ Now Oversold
www.nasdaq.com - April 17 at 7:10 PM
finance.yahoo.com logoETFs with exposure to Turquoise Hill Resources Ltd. : April 17, 2017
finance.yahoo.com - April 17 at 7:10 PM
americanbankingnews.com logoTurquoise Hill Resources (TRQ) Receiving Somewhat Negative Media Coverage, Study Shows
www.americanbankingnews.com - April 15 at 1:48 PM
finance.yahoo.com logoETFs with exposure to Turquoise Hill Resources Ltd. : April 5, 2017
finance.yahoo.com - April 7 at 1:05 PM
finance.yahoo.com logoTURQUOISE HILL RESOURCES LTD. Financials
finance.yahoo.com - April 1 at 7:16 AM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Posts Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - March 28 at 9:14 AM
finance.yahoo.com logoTurquoise Hill to announce fourth quarter and full year 2016 financial results on March 27, 2017
finance.yahoo.com - March 20 at 6:28 PM
americanbankingnews.com logoTurquoise Hill Resources Ltd (TRQ) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - March 14 at 8:31 AM
streetinsider.com logoTurquoise Hill Resources Ltd (TRQ) CFO to Retire
www.streetinsider.com - February 27 at 8:45 AM
finance.yahoo.com logoTurquoise Hill announces retirement of CFO
finance.yahoo.com - February 27 at 8:45 AM
capitalcube.com logoTurquoise Hill Resources Ltd. breached its 50 day moving average in a Bullish Manner : TRQ-US : January 4, 2017
us.rd.yahoo.com - January 5 at 7:12 AM
us.rd.yahoo.com logoHow Do Analysts Rate Copper Producers following Trump’s Election?
us.rd.yahoo.com - December 28 at 8:11 PM
us.rd.yahoo.com logoWhat Should Copper Investors Expect from China in 2017?
us.rd.yahoo.com - December 23 at 2:24 AM
finance.yahoo.com logo8:01 am Turquiose Hill Resources announces FY17 production & capex guidance; expects to produce between 130k-160k tonnes of copper & 100k-140k oz of gold
finance.yahoo.com - December 18 at 3:18 AM
us.rd.yahoo.com logoTurquoise Hill Resources announces Oyu Tolgoi suspends concentrate shipments due to border crossing matters
us.rd.yahoo.com - December 2 at 7:52 PM
us.rd.yahoo.com logo8:01 am Turquiose Hill Resources: Oyu Tolgoi suspends concentrate shipments to the Chinese border following a new requirement at the Chinese-Mongolian border
us.rd.yahoo.com - December 2 at 7:52 PM
us.rd.yahoo.com logoTurquoise Hill stops shipments from Mongolian mine to China
us.rd.yahoo.com - December 2 at 7:52 PM
uk.finance.yahoo.com logoTurquoise Hill suspends Mongolia mine shipments to China
uk.finance.yahoo.com - December 2 at 11:02 AM

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Chart

Turquoise Hill Resources Ltd (TRQ) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff