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

$0.46
+0.01 (+2.20 %)
(As of 09/22/2019 05:56 AM ET)
Today's Range
$0.4436
Now: $0.4636
$0.4675
50-Day Range
$0.4052
MA: $0.47
$0.55
52-Week Range
$0.40
Now: $0.4636
$2.24
Volume2.64 million shs
Average Volume3.95 million shs
Market Capitalization$932.91 million
P/E Ratio2.02
Dividend YieldN/A
Beta1.05
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$0.3219 per share
Book Value$4.18 per share

Profitability

Net Income$411.20 million

Miscellaneous

Employees2,674
Outstanding Shares2,012,310,000
Market Cap$932.91 million
Next Earnings Date11/7/2019 (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 results on Wednesday, July, 31st. The basic materials company reported $0.08 EPS for the quarter. The basic materials company earned $382.75 million during the quarter. Turquoise Hill Resources had a positive return on equity of 5.04% and a negative net margin of 13.64%. 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, November 7th 2019. View Earnings Estimates for Turquoise Hill Resources.

What price target have analysts set for TRQ?

4 Wall Street analysts have issued 12-month target prices for Turquoise Hill Resources' stock. Their forecasts range from $2.00 to $3.30. On average, they anticipate Turquoise Hill Resources' share price to reach $2.5167 in the next twelve months. This suggests a possible upside of 442.9% from the stock's current price. View Analyst Price Targets for Turquoise Hill Resources.

What is the consensus analysts' recommendation for Turquoise Hill Resources?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 4 hold ratings 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 coverage about TRQ stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave media stories 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 stock's share price in the next few days. View News Stories for Turquoise Hill Resources.

Are investors shorting Turquoise Hill Resources?

Turquoise Hill Resources saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,842,900 shares, an increase of 11.0% from the July 31st total of 6,164,900 shares. Based on an average trading volume of 7,150,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.7% of the company's shares are sold short. 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), BlackRock (BLK) and Advanced Micro Devices (AMD).

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 investors include Pentwater Capital Management LP (9.04%), Russell Investments Group Ltd. (1.58%), Capital Growth Management LP (1.49%), Vanguard Group Inc. (1.33%), Luminus Management LLC (0.83%) and Invesco Ltd. (0.80%).

Which institutional investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, Anchor Bolt Capital LP, Swiss National Bank, Vanguard Group Inc., Marshall Wace LLP, Parametric Portfolio Associates LLC, Dalton Investments LLC and Bank of New York Mellon Corp.

Which institutional investors are buying Turquoise Hill Resources stock?

TRQ stock was acquired by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Nomura Holdings Inc., Capital Growth Management LP, Russell Investments Group Ltd., Luminus Management LLC, Marshall Wace North America L.P., D. E. Shaw & Co. Inc. and Invesco 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, Robinhood, Fidelity and Charles Schwab.

What is Turquoise Hill Resources' stock price today?

One share of TRQ stock can currently be purchased for approximately $0.4636.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of $932.91 million and generates $1.18 billion in revenue each year. Turquoise Hill Resources employs 2,674 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:  208 (Vote Outperform)
Underperform Votes:  395 (Vote Underperform)
Total Votes:  603
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 9/22/2019 by MarketBeat.com Staff

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