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

$0.38
-0.02 (-4.98 %)
(As of 03/29/2020 05:46 AM ET)
Today's Range
$0.38
Now: $0.38
$0.40
50-Day Range
$0.32
MA: $0.52
$0.69
52-Week Range
$0.30
Now: $0.38
$1.77
Volume1.04 million shs
Average Volume2.59 million shs
Market Capitalization$768.70 million
P/E RatioN/A
Dividend YieldN/A
Beta1.35
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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Turquoise Hill Resources logo

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$1.17 billion
Cash Flow$0.30 per share
Book Value$4.18 per share

Profitability

Net Income$411.20 million

Miscellaneous

Employees2,615
Outstanding Shares2,012,310,000
Market Cap$768.70 million
Next Earnings Date5/20/2020 (Estimated)
OptionableOptionable

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Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions

How has Turquoise Hill Resources' stock been impacted by COVID-19 (Coronavirus)?

Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRQ stock has decreased by 16.4% and is now trading at $0.3820. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Turquoise Hill Resources?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Turquoise Hill Resources.

When is Turquoise Hill Resources' next earnings date?

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Wednesday, May 20th 2020. View our earnings forecast for Turquoise Hill Resources.

How were Turquoise Hill Resources' earnings last quarter?

Turquoise Hill Resources Ltd (NYSE:TRQ) released its quarterly earnings results on Thursday, November, 1st. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.01. The basic materials company earned $247 million during the quarter, compared to analysts' expectations of $258.30 million. Turquoise Hill Resources had a negative net margin of 12.90% and a positive return on equity of 5.57%. The company's revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.03 EPS. View Turquoise Hill Resources' earnings history.

What price target have analysts set for TRQ?

5 brokers have issued 1-year target prices for Turquoise Hill Resources' shares. Their forecasts range from $1.60 to $2.00. On average, they expect Turquoise Hill Resources' share price to reach $1.87 in the next twelve months. This suggests a possible upside of 388.7% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Has Turquoise Hill Resources been receiving favorable news coverage?

Media coverage about TRQ stock has trended somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Turquoise Hill Resources earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutTurquoise Hill Resources.

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), Kinross Gold (KGC), Bombardier, Inc. Class B (BBD.B), Encana (ECA), Barrick Gold (GOLD), Advanced Micro Devices (AMD) and CA (CA).

Who are Turquoise Hill Resources' key executives?

Turquoise Hill Resources' management team includes the following 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.

What is Turquoise Hill Resources' stock symbol?

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

Who are Turquoise Hill Resources' major shareholders?

Turquoise Hill Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Kopernik Global Investors LLC (3.99%), Credit Suisse AG (3.01%), Russell Investments Group Ltd. (2.99%), Capital World Investors (0.68%), Shah Capital Management (0.51%) and Norges Bank (0.39%).

Which major investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of Montreal Can, Sprott Inc., Marshall Wace North America L.P., Marshall Wace LLP, Gabelli Funds LLC, Credit Suisse AG, and Signition LP.

Which major investors are buying Turquoise Hill Resources stock?

TRQ stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Kopernik Global Investors LLC, Norges Bank, Capital World Investors, Shah Capital Management, Goldman Sachs Group Inc., Georgetown University, and Raymond James & Associates.

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, Robinhood, Fidelity, and Charles Schwab.

What is Turquoise Hill Resources' stock price today?

One share of TRQ stock can currently be purchased for approximately $0.38.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $768.70 million and generates $1.17 billion in revenue each year. Turquoise Hill Resources employs 2,615 workers across the globe. View additional information about Turquoise Hill Resources.

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:  1.7 out of 5 (star)
Outperform Votes:  254 (Thanks for Voting!)
Underperform Votes:  513 (Thanks for Voting!)
Total Votes:  767
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 3/29/2020 by MarketBeat.com Staff

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