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Turquoise Hill Resources Stock Price, Forecast & Analysis (NYSE:TRQ)

$0.45
0.00 (0.00 %)
(As of 11/19/2019 07:30 AM ET)
Today's Range
$0.44
Now: $0.45
$0.46
50-Day Range
$0.42
MA: $0.45
$0.49
52-Week Range
$0.40
Now: $0.45
$2.17
Volume1.95 million shs
Average Volume3.69 million shs
Market Capitalization$905.14 million
P/E Ratio1.96
Dividend YieldN/A
Beta1.12
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. Read More…

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$1.18 billion
Cash Flow$0.31 per share
Book Value$4.18 per share

Profitability

Net Income$411.20 million

Miscellaneous

Employees2,615
Outstanding Shares2,012,310,000
Market Cap$905.14 million
Next Earnings Date3/12/2020 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings data on Thursday, November, 1st. The basic materials company reported $0.03 earnings per share for the quarter, beating the Zacks' 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 positive return on equity of 5.34% and a negative net margin of 12.60%. The firm's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 earnings per share. 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 12th 2020. View Earnings Estimates for Turquoise Hill Resources.

What price target have analysts set for TRQ?

5 brokerages have issued 12 month target prices for Turquoise Hill Resources' stock. Their forecasts range from $2.00 to $3.30. On average, they expect Turquoise Hill Resources' stock price to reach $2.52 in the next year. This suggests a possible upside of 459.5% from the stock's current price. View Analyst Price Targets for Turquoise Hill Resources.

What is the consensus analysts' recommendation for 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 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Turquoise Hill Resources.

Has Turquoise Hill Resources been receiving favorable news coverage?

News headlines about TRQ stock have been trending very negative on Tuesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a coverage optimism score of -3.9 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Turquoise Hill Resources.

Are investors shorting Turquoise Hill Resources?

Turquoise Hill Resources saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 7,440,000 shares, a decline of 8.4% from the September 30th total of 8,120,000 shares. Based on an average daily volume of 5,200,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the shares of the company are short sold. View Turquoise Hill Resources' Current Options Chain.

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), CA (CA), Barrick Gold (GOLD), InvenSense (INVN), Rio Tinto (RIO), Advanced Micro Devices (AMD) and BlackRock (BLK).

Who are Turquoise Hill Resources' key executives?

Turquoise Hill Resources' management team includes the folowing 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.

Who are Turquoise Hill Resources' major shareholders?

Turquoise Hill Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (1.58%), Shah Capital Management (0.35%), CIBC Asset Management Inc (0.03%), Signition LP (0.02%), Exane Derivatives (0.02%) and Gabelli Funds LLC (0.01%).

Which major investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Signition LP, CIBC Asset Management Inc and Gabelli Funds LLC.

Which major investors are buying Turquoise Hill Resources stock?

TRQ stock was bought by a variety of institutional investors in the last quarter, including Shah Capital Management, Exane Derivatives, Russell Investments Group Ltd. and Tower Research Capital LLC TRC .

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 $0.45.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $905.14 million and generates $1.18 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:  225 (Vote Outperform)
Underperform Votes:  426 (Vote Underperform)
Total Votes:  651
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 11/19/2019 by MarketBeat.com Staff

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