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

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$1.84 -0.04 (-2.13 %)
(As of 11/20/2018 12:32 PM ET)
Previous Close$1.88
Today's Range$1.80 - $1.87
52-Week Range$1.59 - $3.59
Volume229,494 shs
Average Volume5.08 million shs
Market Capitalization$3.90 billion
P/E Ratio10.21
Dividend YieldN/A
Beta0.77
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Metal mining
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:TRQ
Previous SymbolNYSE:IVN
CUSIPN/A
Phone604-688-5755

Debt

Debt-to-Equity Ratio0.50
Current Ratio5.16
Quick Ratio4.73

Price-To-Earnings

Trailing P/E Ratio10.21
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$939.78 million
Price / Sales3.94
Cash Flow$0.2303 per share
Price / Cash7.99
Book Value$3.99 per share
Price / Book0.46

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$181.24 million
Net Margins33.28%
Return on Equity4.41%
Return on Assets2.77%

Miscellaneous

Employees2,674
Outstanding Shares2,012,310,000
Market Cap$3.90 billion
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) released its quarterly earnings data on Thursday, November, 1st. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The basic materials company had revenue of $247 million for the quarter, compared to analysts' expectations of $258.30 million. Turquoise Hill Resources had a return on equity of 4.41% and a net margin of 33.28%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.03 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 Thursday, March 21st 2019. View Earnings Estimates 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turquoise Hill Resources.

Has Turquoise Hill Resources been receiving favorable news coverage?

Headlines about TRQ stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press 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 October. As of October 31st, there was short interest totalling 14,142,460 shares, an increase of 34.6% from the October 15th total of 10,510,008 shares. Based on an average trading volume of 7,078,007 shares, the days-to-cover ratio is currently 2.0 days. View Turquoise Hill Resources' Current Options Chain.

Who are some of Turquoise Hill Resources' key competitors?

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.

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 Kopernik Global Investors LLC (1.21%), Key Group Holdings Cayman LTD. (0.94%), Russell Investments Group Ltd. (0.41%), Luminus Management LLC (0.24%), Swiss National Bank (0.18%) and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (0.15%).

Which institutional investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Bank of New York Mellon Corp, Janus Henderson Group PLC, Connor Clark & Lunn Investment Management Ltd., BlackRock Inc., Swiss National Bank and Great West Life Assurance Co. Can.

Which institutional investors are buying Turquoise Hill Resources stock?

TRQ stock was purchased by a variety of institutional investors in the last quarter, including Kopernik Global Investors LLC, Key Group Holdings Cayman LTD., Luminus Management LLC, Russell Investments Group Ltd., Mirae Asset Global Investments Co. Ltd., JPMorgan Chase & Co., JPMorgan Chase & Co. and Pictet Asset Management Ltd..

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 $1.83.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $3.90 billion and generates $939.78 million 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:  161 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  453
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 11/20/2018 by MarketBeat.com Staff

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