Turquoise Hill Resources Company Profile (NYSE:TRQ)

About Turquoise Hill Resources

Turquoise Hill Resources logoTurquoise Hill Resources Ltd. (Turquoise Hill) 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 located approximately 550 kilometers south of Ulaanbaatar, Mongolia's capital city, and approximately 80 kilometers north of the Mongolia-China border. The Company's Mineralization property consists of porphyrystyle copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) that has a length of over 25 kilometers. The Company's Mineral resources identified in a series of deposits, which include from south to north, the Heruga Deposit, the Southern Oyu deposits (Southwest Oyu, South Oyu, Wedge and Central Oyu) 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
  • Exchange: NYSE
  • Symbol: TRQ
  • CUSIP:
Key Metrics:
  • Previous Close: $3.41
  • 50 Day Moving Average: $3.52
  • 200 Day Moving Average: $3.25
  • 52-Week Range: $2.12 - $3.80
  • Trailing P/E Ratio: 23.85
  • Foreward P/E Ratio: -85.25
  • P/E Growth: -0.56
  • Market Cap: $6.86B
  • Outstanding Shares: 2,012,314,000
  • Beta: 0.74
Profitability:
  • 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%
Additional Links:
Companies Related to Turquoise Hill Resources:

Analyst Ratings

Consensus Ratings for Turquoise Hill Resources (NYSE:TRQ) (?)
Ratings Breakdown: 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $4.86 (42.44% upside)

Analysts' Ratings History for Turquoise Hill Resources (NYSE:TRQ)
Show:
DateFirmActionRatingPrice TargetDetails
11/14/2016Canaccord GenuityUpgradeHold -> BuyView Rating Details
11/8/2016ScotiabankReiterated RatingSector Perform$5.50View Rating Details
11/6/2016TD SecuritiesReiterated RatingBuy$5.50View Rating Details
10/26/2016Credit Suisse GroupReiterated RatingNeutral$4.75 -> $5.00View Rating Details
10/22/2016RBC Capital MarketsReiterated RatingSector PerformView Rating Details
7/18/2016Royal Bank of CanadaInitiated CoverageSector Perform$4.00View Rating Details
4/24/2016CIBCReiterated RatingSector Perform$4.50View Rating Details
11/9/2015MacquarieUpgradeNeutral -> OutperformView Rating Details
7/2/2015BMO Capital MarketsReiterated RatingOutperform$6.50View Rating Details
5/21/2015Bank of America CorpUpgradeUnderperform -> NeutralView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Turquoise Hill Resources (NYSE:TRQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 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 (NYSE:TRQ)
Current Year EPS Consensus Estimate: $0.06 EPS
Next Year EPS Consensus Estimate: $-0.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.04$0.05$0.05
Q2 20161$0.03$0.03$0.03
Q3 20164$0.00$0.03$0.02
Q4 20164$0.00$0.03$0.02
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

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

Headlines

Latest Headlines for Turquoise Hill Resources (NYSE:TRQ)
DateHeadline
marketrealist.com logoFreeport-McMoRan’s Management: Its Litmus Test for 2017 (NYSE:TRQ)
marketrealist.com - February 24 at 10:57 AM
News IconIndicator Level Summary for Turquoise Hill Resources Ltd. (TRQ.TO) - Rives Journal (NYSE:TRQ)
rivesjournal.com - January 18 at 3:09 AM
capitalcube.com logoTurquoise Hill Resources Ltd. breached its 50 day moving average in a Bullish Manner : TRQ-US : January 16, 2017 (NYSE:TRQ)
www.capitalcube.com - January 16 at 12:44 PM
marketrealist.com logoAre Copper’s Post-Election Gains Sustainable? (NYSE:TRQ)
marketrealist.com - January 13 at 2:10 AM
capitalcube.com logoTurquoise Hill Resources Ltd. – Value Analysis (NYSE:TRQ) : January 5, 2017 (NYSE:TRQ)
www.capitalcube.com - January 6 at 6:14 AM
capitalcube.com logoTurquoise Hill Resources Ltd. breached its 50 day moving average in a Bullish Manner : TRQ-US : January 4, 2017 (NYSE:TRQ)
us.rd.yahoo.com - January 5 at 7:12 AM
News IconAnalytical Preview of Turquoise Hill Resources Ltd. (NYSE:TRQ) (NYSE:TRQ)
vouxmagazine.com - January 1 at 1:07 AM
us.rd.yahoo.com logoHow Do Analysts Rate Copper Producers following Trump’s Election? (NYSE:TRQ)
us.rd.yahoo.com - December 28 at 8:11 PM
us.rd.yahoo.com logoWhat Should Copper Investors Expect from China in 2017? (NYSE:TRQ)
us.rd.yahoo.com - December 23 at 2:24 AM
stockhouse.com logoTURQUOISE HILL RESOURCES LTD TRQ (NYSE:TRQ)
www.stockhouse.com - December 20 at 4:38 PM
marketrealist.com logoCould the Federal Rate Hike Impact Freeport-McMoRan Stock? (NYSE:TRQ)
marketrealist.com - December 20 at 4:38 PM
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 (NYSE:TRQ)
finance.yahoo.com - December 18 at 3:18 AM
News IconChecking on Shares of Turquoise Hill Resources Ltd. (TSX:TRQ) - Highland Digest (NYSE:TRQ)
highlanddigest.com - December 12 at 8:53 PM
News IconWatching the Dials on Shares of Turquoise Hill Resources Ltd. (TRQ.TO) - Wall Street Confidential (NYSE:TRQ)
wsconfidential.com - December 12 at 8:53 PM
marketrealist.com logoFreeport-McMoRan Investors: Do Chinese Imports Show a Turnaround? (NYSE:TRQ)
marketrealist.com - December 12 at 8:53 PM
News IconActive Movers - ZIOPHARM Oncology, (NASDAQ:ZIOP), Turquoise Hill Resources, (NYSE:TRQ) - Financial Breaking News (NYSE:TRQ)
wsbreakingnews.com - December 12 at 8:36 AM
News IconVC Score in Review for Turquoise Hill Resources Ltd. (TSX:TRQ) - Highland Digest (NYSE:TRQ)
highlanddigest.com - December 5 at 3:36 PM
News IconTechnical Watch on These Shares: Turquoise Hill Resources Ltd. (TRQ.TO) - Wall Street Confidential (NYSE:TRQ)
wsconfidential.com - December 5 at 3:36 PM
News IconADX Update on These Shares: Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - December 5 at 3:36 PM
News IconTurquoise Hill Resources Ltd. (NYSE:TRQ) Performance Analysis - The Newburgh Press (NYSE:TRQ)
newburghpress.com - December 5 at 3:36 PM
us.rd.yahoo.com logoTurquoise Hill Resources announces Oyu Tolgoi suspends concentrate shipments due to border crossing matters (NYSE:TRQ)
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 (NYSE:TRQ)
us.rd.yahoo.com - December 2 at 7:52 PM
us.rd.yahoo.com logoTurquoise Hill stops shipments from Mongolian mine to China (NYSE:TRQ)
us.rd.yahoo.com - December 2 at 7:52 PM
uk.finance.yahoo.com logoTurquoise Hill suspends Mongolia mine shipments to China (NYSE:TRQ)
uk.finance.yahoo.com - December 2 at 11:02 AM
News IconInvestor Arena: Keeping an Eye on Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - December 1 at 8:10 PM
marketrealist.com logoFreeport Investors: Can Copper Sustain Its Recent Gains? (NYSE:TRQ)
marketrealist.com - November 30 at 10:16 AM
wallstrt24.com logoStocks Roundup Boston Scientific Corporation (NYSE:BSX), Turquoise Hill Resources Ltd (NYSE:TRQ) - Wall Street 24 (NYSE:TRQ)
wallstrt24.com - November 29 at 11:34 AM
News IconValue Score in View for Turquoise Hill Resources Ltd. (TSX:TRQ) - Highland Digest (NYSE:TRQ)
highlanddigest.com - November 29 at 11:34 AM
marketrealist.com logoFreeport Investors Are Confused: Why Did Copper Rally? (NYSE:TRQ)
marketrealist.com - November 29 at 11:34 AM
News IconRSI Watch on Shares of Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - November 27 at 1:58 PM
News IconMarket Corner: Eye on Technicals for Turquoise Hill Resources Ltd. (TRQ.TO) - Wall Street Confidential (NYSE:TRQ)
wsconfidential.com - November 25 at 7:31 AM
News IconStock Running Today: Turquoise Hill Resources Ltd. (TRQ) - MicroCap Wired (NYSE:TRQ)
www.microcapwired.com - November 24 at 11:23 AM
News IconNews Recap - Hecla Mining Company, (NYSE:HL), Turquoise Hill Resources, (NYSE:TRQ) - Financial Breaking News (NYSE:TRQ)
wsbreakingnews.com - November 24 at 11:23 AM
marketrealist.com logoHow Will Trump’s Presidency Impact Chinese Copper Demand? (NYSE:TRQ)
marketrealist.com - November 23 at 11:24 AM
marketrealist.com logoMapping the Trump Effect: Should Freeport Investors Rely on Chinese Stimulus? (NYSE:TRQ)
marketrealist.com - November 23 at 11:24 AM
News IconChart Level Analysis on Shares of Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - November 22 at 8:07 PM
News IconWhat are the Levels Indicating for This Stock: Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - November 21 at 8:31 PM
News IconTechnical Review on Shares of Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - November 21 at 9:17 AM
News IconAverage Directional Index Review for Turquoise Hill Resources Ltd. (TRQ.TO) - Wall Street Confidential (NYSE:TRQ)
wsconfidential.com - November 19 at 7:49 PM
wallstrt24.com logoNews Review Turquoise Hill Resources Ltd (NYSE:TRQ), Dana Inc (NYSE:DAN) - Wall Street 24 (NYSE:TRQ)
wallstrt24.com - November 19 at 10:26 AM
News IconInvestor Lookout: Technical Indicator Watch for Turquoise Hill Resources Ltd. (TRQ) - MicroCap Wired (NYSE:TRQ)
www.microcapwired.com - November 18 at 7:36 PM
News IconWhat To Expect From Turquoise Hill Resources Ltd's (TSX:TRQ) Earnings In Next 12 Months? - Simply Wall St (NYSE:TRQ)
simplywall.st - November 17 at 12:28 PM
News IconInvestors are Looking at Levels for Turquoise Hill Resources Ltd. (TRQ) - Yankee Analysts (NYSE:TRQ)
yankeeanalysts.com - November 15 at 8:47 PM
News IconTurquoise Hill Resources Ltd (NYSE:TRQ) Copper Producer on the Rise - The Oracle Dispatch (NYSE:TRQ)
oracledispatch.com - November 15 at 8:47 PM
News IconADX, MA, and RSI in Focus for Turquoise Hill Resources Ltd. (TRQ.TO) - Wall Street Confidential (NYSE:TRQ)
wsconfidential.com - November 15 at 11:46 AM
marketrealist.com logoWhat Are Freeport’s Near-Term Growth Drivers? (NYSE:TRQ)
marketrealist.com - November 15 at 11:46 AM
marketrealist.com logoFreeport-McMoRan: 2017 Is Okay, What about 2018? (NYSE:TRQ)
marketrealist.com - November 15 at 11:46 AM
News IconInvestor Corner: Checking in on Shares of Turquoise Hill Resources Ltd. (TRQ) - MicroCap Wired (NYSE:TRQ)
www.microcapwired.com - November 14 at 8:15 PM
News IconIndicator Level Review for Turquoise Hill Resources Ltd. (TRQ.TO) - Wall Street Confidential (NYSE:TRQ)
wsconfidential.com - November 14 at 12:14 PM
News IconInvestor Sphere: Keeping an Eye on Levels for Turquoise Hill Resources Ltd. (TRQ) - MicroCap Wired (NYSE:TRQ)
www.microcapwired.com - November 10 at 7:59 PM

Social

What is Turquoise Hill Resources' stock symbol?

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

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

7 brokerages have issued 12-month price targets for Turquoise Hill Resources' stock. Their forecasts range from $4.00 to $5.50. On average, they expect Turquoise Hill Resources' stock price to reach $4.86 in the next twelve months.

Who owns Turquoise Hill Resources stock?

Turquoise Hill Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include SailingStone Capital Partners LLC (11.28%), Pentwater Capital Management LP (4.61%), Temasek Holdings Private Ltd (3.64%), Public Sector Pension Investment Board (0.32%), 3G Capital Partners LP (0.25%) and Russell Investments Group Ltd. (0.18%).

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

Turquoise Hill Resources' stock was sold by a variety of institutional investors in the last quarter, including SailingStone Capital Partners LLC, Pentwater Capital Management LP, AQR Capital Management LLC, Public Sector Pension Investment Board and Gabelli Funds LLC.

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

Turquoise Hill Resources' stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., NN Investment Partners Holdings N.V., Renaissance Technologies LLC, Chai Trust Co. LLC, Credit Agricole S A, FMR LLC, A.R.T. Advisors LLC and Allianz Asset Management AG.

How do I buy Turquoise Hill Resources stock?

Shares of Turquoise Hill Resources 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 stock cost?

One share of Turquoise Hill Resources stock can currently be purchased for approximately $3.41.

Turquoise Hill Resources (NYSE:TRQ) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Turquoise Hill Resources (NYSE:TRQ)

Earnings History Chart

Earnings by Quarter for Turquoise Hill Resources (NYSE:TRQ)

Dividend History Chart

Dividend Payments by Quarter for Turquoise Hill Resources (NYSE:TRQ)

Last Updated on 2/25/2017 by MarketBeat.com Staff