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

Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRQ stock has decreased by 14.6% and is now trading at $0.3903. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Turquoise Hill Resources.

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.

Turquoise Hill Resources Ltd (NYSE:TRQ) released its earnings results on Thursday, November, 1st. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.01. The basic materials company had revenue of $247 million for the quarter, compared to analyst estimates 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 business's quarterly revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 earnings per share. View Turquoise Hill Resources' earnings history.

5 Wall Street analysts have issued twelve-month target prices for Turquoise Hill Resources' stock. Their forecasts range from $0.70 to $2.00. On average, they anticipate Turquoise Hill Resources' stock price to reach $1.57 in the next year. This suggests a possible upside of 301.4% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Press coverage about TRQ stock has been trending very negative on Friday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also assigned news headlines 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 near term. View the latest news aboutTurquoise Hill Resources.

Some companies that are related to Turquoise Hill Resources include First Quantum Minerals (FQVLF), IMPALA PLATINUM/S (IMPUY), Lundin Mining (LUNMF), EXXARO RESOURCE/S (EXXAY), Compania de Minas Buenaventura SAA (BVN), Centamin (CELTF), Pretium Resources (PVG), Cleveland-Cliffs (CLF), North American Palladium (PALDF), Hudbay Minerals (HBM), Nexa Resources (NEXA), Lithium Americas (LAC), Jaguar Mining (JAGGF), Fission Uranium (FCUUF) and Rubicon Minerals (RBYCF).

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).

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

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.

One share of TRQ stock can currently be purchased for approximately $0.39.

Turquoise Hill Resources has a market capitalization of $785.40 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.

The official website for Turquoise Hill Resources is http://www.turquoisehill.com/.

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]