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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal mining
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:TRQ
CUSIPN/A
Phone604-688-5755
Debt
Debt-to-Equity Ratio0.50
Current Ratio5.61
Quick Ratio5.12
Price-To-Earnings
Trailing P/E Ratio11.58
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$939.78 million
Price / Sales4.69
Cash Flow$0.2417 per share
Price / Cash9.06
Book Value$3.99 per share
Price / Book0.55
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$181.24 million
Net Margins34.39%
Return on Equity4.61%
Return on Assets2.89%
Miscellaneous
Employees2,674
Outstanding Shares2,012,310,000
Market Cap$4.43 billion
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) released its quarterly earnings data on Tuesday, July, 31st. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.07. The basic materials company had revenue of $341.74 million for the quarter. Turquoise Hill Resources had a return on equity of 4.61% and a net margin of 34.39%. View Turquoise Hill Resources' Earnings History.
When is Turquoise Hill Resources' next earnings date?
What price target have analysts set for TRQ?
2 analysts have issued 1 year price objectives for Turquoise Hill Resources' stock. Their forecasts range from $4.00 to $5.50. On average, they anticipate Turquoise Hill Resources' share price to reach $4.75 in the next twelve months. This suggests a possible upside of 114.0% from the stock's current price. View Analyst Price Targets for Turquoise Hill Resources.
What is the consensus analysts' recommendation for Turquoise Hill Resources?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turquoise Hill Resources.
Who are some of Turquoise Hill Resources' key competitors?
Some companies that are related to Turquoise Hill Resources include SOUTH32 Ltd/S (SOUHY), First Quantum Minerals (FQVLF), FORTESCUE METAL/S (FSUGY), Lundin Mining (LUNMF), Cleveland-Cliffs (CLF), Compania de Minas Buenaventura SAA (BVN), Vedanta Resources (VDNRF), Nexa Resources (NEXA), Pretium Resources (PVG), Centamin (CELTF), Hudbay Minerals (HBM), Mountain Province Diamonds (MPVD), North American Palladium (PALDF), Lithium Americas (LAC) and Fission Uranium (FCUUF).
Who are Turquoise Hill Resources' key executives?
Turquoise Hill Resources' management team includes the folowing people:
- Mr. Ulf Quellmann, CEO & Director (Age 52)
- 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.
Has Turquoise Hill Resources been receiving favorable news coverage?
News coverage about TRQ stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Turquoise Hill Resources earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news stories about the basic materials company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Turquoise Hill Resources.
Who are Turquoise Hill Resources' major shareholders?
Turquoise Hill Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Legal & General Group Plc (0.28%), Russell Investments Group Ltd. (0.24%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (0.17%), Millennium Management LLC (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%) and PM CAPITAL Ltd (0.09%).
Which major investors are selling Turquoise Hill Resources stock?
TRQ stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Schroder Investment Management Group, Schroder Investment Management Group, CIBC Asset Management Inc, Bank of New York Mellon Corp, Bank of New York Mellon Corp and Bank of Nova Scotia.
Which major investors are buying Turquoise Hill Resources stock?
TRQ stock was bought by a variety of institutional investors in the last quarter, including Unigestion Holding SA, Legal & General Group Plc, Tobam, Millennium Management LLC, Luminus Management LLC, Janus Henderson Group PLC, State of Wisconsin Investment Board and Aperio Group 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 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 $2.22.
How big of a company is Turquoise Hill Resources?
Turquoise Hill Resources has a market capitalization of $4.43 billion and generates $939.78 million in revenue each year. Turquoise Hill Resources employs 2,674 workers across the globe.
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)
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.
